You probably know that there are a lot of factors that auto insurance companies take into consideration. You may be surprised as to what some of the factors are, however. Believe it or not, the profession you chose or are thinking about choosing plays a very large part in determining what your rates are. If you are of a certain profession, it may be extremely difficult for you to get the best insurance rates possible. However, if you know how to go about talking to the insurance companies, it can be a breeze.
By and far, the most expensive person to insure is a business owner. Because of their propensity to drive frequently and the fact that they usually have a large amount of assets in their name, insurance companies are very vulnerable if the owner gets in an accident. The average insurance rate for those entrepreneurs is about $1,400.
It would be impractical to list every profession and their average insurance rate here, but there are some commonalities between all of the jobs that have insurance rates;
First, people who have professions that have a high amount of stress associated with them typically have a high insurance rate. Doctors, lawyers, high profile corporate business executives and other professions along those lines typically have higher than normal insurance rates.
If a person uses their automobile on a more frequent basis than the simple drive in to work, they increase their chances of getting in an accident, which in turn raises their insurance rates. Realtors, plumbers, and professions along those lines typically have drivers that become accustomed to the road and frequently get tired and their insurance rates reflect it.
All of this translates into a statistically higher probability that you will get into an accident. Insurance companies truly do not care about your profession, but they do care that you are more likely to get in an accident if you drive all around town on your cell phone than if you stayed at home and only drove to get groceries.
There are a few other factors, but if you fall into any one of these categories, one of the best things you can do is shop around. Instead of calling every insurance company available, the best way you can go about that is to put your information into a rate comparison engine. These sites exist for the sole purpose of showing you what the lowest rate will be. It compares over a dozen companies and what their rates are, so you can take five minutes and you'll be assured to be getting the lowest rate you can get, regardless of profession.