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job title affects car insurance
27-Jun-2007

Job title affects car insurance Graduates should take note: it seems being pedantic over your new job title could save you a lot of money on car insurance.

New research from Confused.com has found that using alternative ways to describe the same job could cut the cost of car insurance by some 33 per cent.

The study found that at one end of the scale, those describing themselves as a 'lawyer' would pay £376.22 for a Fiat Brava. However, if they chose to use the description 'barrister', insurance for the same car could shoot up to £459.

A 'journalist/correspondent' would pay £282.45 for the same car, whereas those choosing the description of 'newspaper reporter' would pay £376.22 - a whopping 33 per cent extra.

Debra Williams, managing director of Confused.com, said: "Adjusting the way you describe your job can have a surprising impact on premiums.

"The reason for this lies in the fact that insurers essentially keep a record of claims history against specific job titles."

Ms Williams continued: "By considering the different ways in which you can legitimately describe your job and testing the impact of this on your insurance quotes, you can effectively 'massage' your quote to get a more competitive price".

 
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