How much does your profession affect motor insurance premiums.?
How much does your job affect premiums? I'm a Chartered Engineer - how would this stack up?
Answers:
Quite a bit. Some jobs or professions are seen as large risk. For a good many years, I be a gigging musician and that made my premium shoot RIGHT up.
Regarding your profession, I imagine it would be considered quite a low risk.
Some insurers will load extra premium for certain soaring risk group. But many insurer will look at your previous claim history. Meaning if you have honest track record with not anything claims your premium will be reduced tremendously. Driver's year of experience will also count.
from
loihl(a)einsuran.com
Insurance premium rates are calculated on segment by statistical data. Actuarial studies and the law of probability.
Do you reckon an engineer designing structural drawings of bridge girders 8 hours a day on a computer will win in more vehicle accidents than a personality who drives a delivery truck 8 hours a day surrounded by down town Chicago?
The "risk" dictates the premium. The premium justifies the "risk! Source(s): Agent 37 years
None whatsoever. Source(s): I'm an agent
Generally speaking, professions in the entertainment industry, sports, TV or medium can attract higher premiums. The rest of us are largely unaffected. What will affect the vocabulary is whether or not you use the car in nouns with your business/profession and, if so, to what extent.
Speak to a broker who will be able to advocate you further and even offer some premium comparisons based on the plane of business use you might require.
Related Questions:
Answers:
Quite a bit. Some jobs or professions are seen as large risk. For a good many years, I be a gigging musician and that made my premium shoot RIGHT up.
Regarding your profession, I imagine it would be considered quite a low risk.
Some insurers will load extra premium for certain soaring risk group. But many insurer will look at your previous claim history. Meaning if you have honest track record with not anything claims your premium will be reduced tremendously. Driver's year of experience will also count.
from
loihl(a)einsuran.com
Insurance premium rates are calculated on segment by statistical data. Actuarial studies and the law of probability.
Do you reckon an engineer designing structural drawings of bridge girders 8 hours a day on a computer will win in more vehicle accidents than a personality who drives a delivery truck 8 hours a day surrounded by down town Chicago?
The "risk" dictates the premium. The premium justifies the "risk! Source(s): Agent 37 years
None whatsoever. Source(s): I'm an agent
Generally speaking, professions in the entertainment industry, sports, TV or medium can attract higher premiums. The rest of us are largely unaffected. What will affect the vocabulary is whether or not you use the car in nouns with your business/profession and, if so, to what extent.
Speak to a broker who will be able to advocate you further and even offer some premium comparisons based on the plane of business use you might require.
Related Questions:
- Two part of a set quiz.........do dirt motor bikes hold be registered surrounded by connecticut. do riders stipulation insurance?
- Can someone explain why you can in a minute go and get denied motor insurance if you own committed a criminal wrong ?
- Motor trade insurance?
- Motor Insurance from group 5 to group 12?
- Has anyone be to court for have no motor insurance?