How does your profession affect auto insurance rates?

Occupation such as gender or age is also a factor that can directly affect auto insurance rates.

For insurance companies, risk is extremely important, it is an option that determines everything. That is why the profession can also be a determining factor in auto insurance rates, although it all depends on its nature. For insurers, not all professions are risky, but only those associated with high levels of pressure, fatigue and stress, some of the conditions that trigger traffic accidents. According to experts, the professions with the highest risk for auto insurers are as follows:

1. Doctors.

2. Architects.

3. Directors, presidents and business owners.

4. Leaders.

5. Real estate agents.

6. Sellers.

7. Journalists.

8. Chefs.

9. Engineers.

Overwork and little sleep are other reasons why these professions end up directly impacting the cost of auto insurance. The attention that insurers pay to this type of activity is confirmed by statistics that record a large number of accidents associated with them. Drivers associated with any of these areas are much more likely to fall asleep on the road due to fatigue or cause damage to private property or.

This trend is expressed in possible violations, future sanctions or losses that the insurance company must assume and therefore make a financial forecast more adapted to the risk profile of this type of client. As a counterpart, there are also low-risk occupations (scientists, nurses, lifeguards, pilots, accountants, teachers, and artists) whose effect on the cost of fares is indeed positive, since these occupations are statistically safer.

Drivers in high-risk occupations are irrelevant to what eventually accumulates in their driving experience, which greatly harms them not only in obtaining auto insurance, but also in finding a job and in other aspects of life. This tendency is often conscious.

As always, experts advise that before purchasing an auto insurance policy, drivers should do extensive research, collecting several quotes from different companies in order to compare and make the right decision based on the characteristics of the profession they are in, their needs and their abilities. coating.

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