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Builder or bricklayer: how your job title can save you money on car insurance

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19/06/2013
Brits could save hundreds of pounds on their car insurance a year, simply by paying close attention to the job title they select when applying for cover.

According to a report by Gocompare.com, your occupation is one of the things insurers consider when working out the cost of your car insurance premium.

But it’s not just what you do that can affect how much you pay, it’s also the job title you use to describe it.

The report says that despite insurers having pre-defined job titles for someone seeking cover to choose from, there may be more than one job title that accurately describes what someone does.

So, a bricklayer may naturally consider themselves to be a builder or a construction worker with little difference between the titles. However, the research found, the average premium for a construction worker was around £89 more than that of a bricklayer.

Scott Kelly, head of motor at Gocompare.com said: “When meeting new people or talking to friends we’re sometimes guilty of making what we do for a living sound more impressive than it actually is.

“But when it comes to your car insurance, the way you describe your job can make a big difference to the price you pay for your cover. That’s why when looking for insurance it’s worth considering what your job role is and which of the titles available best describe what you do.”

Retired, full time parents and homemakers should select those options and not say they are unemployed or out of work, as typically unemployed drivers face higher insurance costs than homemakers or retirees.

Kelly added: “But remember, that while trying different job titles could save you significantly, it’s important to be as honest and as accurate as possible when it comes to your insurance.

“Being dishonest with your job title, like saying you’re a teacher when you’re actually a Premiership footballer, could result in any claims you make being rejected or even your insurance being cancelled, which will prove far more costly than what you’ll save by playing fast and loose with your job description.”

 

The results below show price differences across similar job titles throughout range of professions:

Building & construction

  Construction worker   Builder     Bricklayer 
 Average car insurance price  £781.70   £745.96 £692.63
 Cheapest quote returned  £601.41  £601.41    £592.07

 

Journalism

  Editorial staff   Reporter      Journalist    Editor
Average car insurance price  £647.39  £676.58  £686.84 £696.93
 Cheapest quote returned  £514.49 £538.83 £538.83   £551.31

Education

  Teacher  Lecturer  College lecturer   Music teacher 
Average car insurance price  £516.79 £551.76 £599.39 £602.42
Cheapest quote returned £502.32 £538.83 £520.09   £534.21

Food & catering

  Kitchen worker  Kitchen staff  Catering staff   Caterer   Chef
Average car insurance price  £691.58 £691.58  £698.63 £730.09 £790
Cheapest quote returned   £563.20 £563.20  £576.35 £576.35 £685.03

Office workers

   Office administrator  Clerical assistant   Clerical officer    Office manager
Average car insurance price   £539.96 £587.03  £587.03 £592.94
Cheapest quote returned  £520.79 £506.69 £506.69   £538.83

Entertainers

   Dancer  Exotic dancer
Average car insurance price  £802.88 £981.47
Cheapest quote returned   £576.35 £900.39

Other

  Retired  Unemployed    Full time parent
Average car insurance price   £634.89  £916.56 £668.92
Cheapest quote returned £526.34 £626.48 £538.83
source: gocompare.com

  

 

 

 

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