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New research reveals the most expensive and cheapest job titles for car insurance.
Car insurance job title. Insurance is a broad category that includes several types of coverage including life health auto property and casualty insurance. What you do for a living is an important consideration for insurance providers when calculating the price of your car insurance. Why your job title is key for car insurance. And thats if you can even find something close to what you do.
Descriptions of insurance jobs along with roles duties and responsibilities within the insurance industry. When youre completing an online car insurance application one question is about your job title. The industry provides many job opportunities for those with the right qualifications and skills. How you describe what you do how you do your job especially if you drive regularly for your company or carry expensive equipment and stock in your vehicle can.
How being specific with your job title could save you up to 677 on your car insurance uk motorists are being asked to be ultra specific with their job title as it could save them up to 677 off. Job descriptions for actuaries account executives agents auditors brokers claims sales risk managers underwriters and more. When it comes to car insurance tweaking your job title can be a quick win eg a sales assistant often pays less. If you do test the impact of different job titles on the cost of car insurance bear in mind that your stated occupation must accurately describe your profession.
Different job titles trigger different premiums so not surprisingly people want to know whether they can change the job title they give to secure a lower premium. If youre interested in an insurance career research different positions within the field to determine a job. Some car insurers dont just ask for. Everything you write in your car insurance application must be the truth.
The picker works by selecting sample profiles with similar job titles and averaging the cost differences between them. The answer is yes but there is one huge condition. For example you might find that a proof reader is a lower risk than an editor. Tweaking your job title for cheaper insurance.
Choose well and it could bring down the cost of your policy but get it wrong and it could invalidate your insurance.
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