These are the 10 job titles that could increase your car insurance costs

Wednesday, 8th April 2020, 12:21 pm
Updated Wednesday, 8th April 2020, 12:23 pm
It’s no secret that different factors can increase or decrease the cost of your car insurance - but have you ever wondered if your job role could be impacting your annual insurance premium? (Photo: Shutterstock)
It’s no secret that different factors can increase or decrease the cost of your car insurance - but have you ever wondered if your job role could be impacting your annual insurance premium? (Photo: Shutterstock)

It’s no secret that different factors can increase or decrease the cost of your car insurance - but have you ever wondered if your job role could be impacting your annual insurance premium?

Vanarama analysed the UK's 100 most common job titles and submitted them for an insurance quote on a leading car comparison site, keeping the details of the car the same.

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The results revealed the 10 occupations that are considered most high risk by car insurance companies, and therefore increase premiums.

It was found that drivers in the hospitality industry have the most expensive insurance cost out of the UK's 100 most common job roles.

According to previous studies, insurance companies consider professions where the driver of the car is on the road for a longer time as being high risk. This is due to the fact that they are more likely to be involved in an accident.

It was calculated that drivers would be charged a minimum of £479.80 per year to be insured on a 1.5 litre Volkswagen Golf.

These are the most expensive job titles for car insurance

Driver - annual insurance cost: £479.80Chef - annual insurance cost: £420.73Hairdresser - annual insurance cost: £383.62Bar Staff - annual insurance cost: £381.69Fitness Instructor - annual insurance cost: £381.15Physiotherapist - annual insurance cost: £380.88Social Worker - annual insurance cost: £372.87Travel Agent - annual insurance cost: £372.72Midwife - annual insurance cost: £366.19Pharmacist - annual insurance cost: £364.59

However, in comparison, other job roles were found to have cheaper car insurance costs, including mechanics, engineers and administrators.

These were found to be the 10 cheapest job titles for car insurance

Mechanic - annual insurance cost: £298.61Administrator - annual insurance cost: £308.44Designer- annual insurance cost: £312.91Design Engineer - annual insurance cost: £312.91Account Executive - annual insurance cost: £313.37Commercial Manager - annual insurance cost: £313.63Estimator - annual insurance cost: £313.75Engineer - annual insurance cost: £314.95Account Manager - annual insurance cost: £315.29Financial Analyst - annual insurance cost: £315.75