Most people realise that their occupation influences car insurance underwriters and premiums are usually significantly higher for some occupations.
As an example, a male aged 49 years, working as an Administration Manager for a Government Department, travelling around 12,000 miles per year and using the car for pleasure and commuting only would expect to pay around £201 for comprehensive insurance on a Honda Civic 1.4i.
A Salesman for a Food Manufacturer, doing around the same amount of mileage but using the car in connection with their job could expect to pay around 16% more (£234).
A professional sportsperson such as a boxer however, travelling around 12,000 miles per year and not even using the car in connection with their work at all, (i.e. using the car for pleasure only), can expect to be charged a whopping £377. That’s 88% higher than the Government Administration Manager.
Premiums increase even further depending on the mileage and purpose the vehicle is used for. The Salesman would see his premium increase by a further 8-10% if he travelled 40,000 miles per year and a professional sportsperson can expect their insurance to increase by a further 20% to approx. £450 per year.
It is of course acknowledged that professional sportsmen and women tend to earn significant sums (or at least some of them do) and drive expensive, top of the range motors but one must question whether underwriters can justify increasing premiums by such large amounts for the rest of us mere mortals.
Therefore, make sure you shop around for your car insurance as much as possible as not all insurance companies will penalise you in the same way. Check out those price comparison websites to get an idea who is likely to offer you the best deal when it next comes to your renewal.