26-06-2007

Job titles could affect insurance premiums

An individual's job title could affect their vehicle insurance, it has been claimed.

According to the results of new data released by Confused.com, depending upon an individual's profession, insurance premiums could be affected by as much as 33 per cent.

"Insurance premiums are influenced by a host of factors ranging from the number of miles you drive per year through to your job title," said Debra Williams, managing director of Confused.com.

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

Among the differing permutations for specific professions, Confused.com found that lawyers may find their premiums lower than barristers and newspaper reporters could incur higher chargers than journalists.

Look for business insurance quotes online

More information on small business insurance

Compare Quotes
Compare, Decide, Buy
Online quotes advantages:
  • Instant quotes
  • Free, no-obligation service
  • Save time and money
 

© 2005 – 2008 Simply Business. All rights reserved. Simply Business is authorised and regulated by the FSA.
News provided by Adfero in collaboration with Simply Business. Please note that all copy is © Adfero Ltd and does not reflect the views or opinions of Simply Business unless explicitly stated.