When you’re filling out a paper or online form for an auto insurance quote, it’s easy to see how some of the information you’re being asked to provide will determine how much you will pay for the policy. You know that factors such as age, zip code of residence, and type of vehicle will place you into certain statistical categories which will affect the type of insurance risk you are as a driver.
But then you come to the field entitled “occupation.” And you’re a little bit baffled. You think, “Does what I do for a living really affect how I drive?”
Statistically speaking, the answer is yes. Actuarial data reveals that certain occupations correlate with safer driving, while many others are associated with being a higher insurance risk. Here are some of the jobs which have low auto insurance rates:
- Airline pilots. The logic is that if a person is directly responsible for the safety of hundreds of people each day, then he or she exhibits a similar level of conscientiousness while driving.
- Scientists. In order to adhere to the scientific method, these individuals must be rigorous and exacting – traits which make for cautious drivers.
- Actors and artists. Meticulousness and attention to detail are two qualities that are found both in safe drivers and people who are successful in these fields.
- Retiree. This has more to do with the reduced amount of driving done by someone who is retired as opposed to a worker with a five-day-a-week commute.
In contrast, there are some professions which tend to be linked with higher incidences of accidents and traffic citations. These include:
- Attorneys. Lawyers of all stripes frequently work long hours, which often increases driver fatigue and the risk of collisions.
- Doctors. With the employment hours of lawyers and the considerable stress that accompanies their work, doctors are only slightly behind the accident rates seen in teenaged drivers.
- Real estate brokers. As a group, these people tend to do a lot more driving (to and from real estate sites and client meetings) than the typical worker does.
- Club DJs. They tend to drive to and from work at night, when more motor vehicle collisions and auto thefts tend to occur.
Of course, these professions are not absolute indicators of whether auto insurance premiums are high or low. After all, a scientist convicted of three DUIs will probably pay more for auto insurance than a lawyer with a 15-year accident-free driving record. But insurance companies will set your premium based in part on what you do – because (statistics show that) it does have an effect on your driving.