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To think car insurance companies really take the piss?

(13 Posts)
HoHoHoNoYouDont Fri 26-Apr-13 21:30:33

Following the advice of Martin Lewis I decided to tweak my occupation on the quote. Bearing in mind the quote is for Social only and doesn't include commuting then what does it matter what occupation I have?

The difference between the quotes was just over £100.

Wannabestepfordwife Fri 26-Apr-13 21:36:17

Some occupations are considered higher risk for example if your bar staff and work nights an insurance company will see you as a higher risk than an admin assistant for example as there is a higher risk of someone damaging your car.

It always surprised me if you changed someone from being unemployed to sahp how much it brought the price down

HoHoHoNoYouDont Fri 26-Apr-13 21:37:12

By the way, I already have insurance. I was just getting a new quote to test his theory.

Wannabestepfordwife Fri 26-Apr-13 21:40:30

When we used to be quiet (insurance brokers) I used to

Wannabestepfordwife Fri 26-Apr-13 21:42:05

Posted too soon play around with the system to see how you could make prices cheaper with occupation, 2 nd drivers etc I am such a geek

QOD Fri 26-Apr-13 21:48:17

What do you do?

(I sell car insurance as a secondary product and have no clue how it affects the price! Actors I do know, and musicians, that'll make it dear, but no clue on others)

specialsubject Fri 26-Apr-13 21:50:52

all a matter of risk assessment, that's what actuaries are paid for.

if you aren't claiming benefits, don't put 'unemployed'. Put 'home maker' or 'independent means'. If you aren't claiming a pension, don't put 'retired'.

whatever you put, it must be accurate.

Wannabestepfordwife Fri 26-Apr-13 21:56:07

Martin Lewis is right when it comes to insurance for example he said to ring Swinton at the end of the month as they will go as low as they possibly can so they can hit target. We hated him for telling everyone but that was the case when I was there

mrsminiverscharlady Fri 26-Apr-13 22:00:13

It really irritated me when I graduated and started work after being a student and my insurance went up. It's not as though I suddenly started driving more recklessly just because I had a job!

ShellyBoobs Fri 26-Apr-13 22:04:50

Adding second drivers is a good one, Wannabe.

I've been known to add my MIL as an additional driver and the policy is usually cheaper!

Wannabestepfordwife Fri 26-Apr-13 22:10:03

shellyboobs we live 200 miles from my mil but having her on dp's policy brings it down about £50 a year. I would say to any driver under 25 or even 30 if your mum has no acc put her on your policy

HoHoHoNoYouDont Fri 26-Apr-13 22:10:37

I haggled with my insurers last time and got it reduced by £300. It's mad.

Wannabestepfordwife Fri 26-Apr-13 22:16:58

Another bit of advice is with young drivers if your insuring on a provisional licence always check how much it will go up by when they get a full licence.

Insurance companies see provisional drivers as a far lower risk as they always have someone in the car with them.

Also have look at adding the pass plus you have 30 days to pass it in and some insurers give the equivilant of 1 year ncb for doing it

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