Due to the financial risks involved when an insurance company decides to cover a proposed insured, underwriting departments are very thorough when looking for anything that may indicate a high risk investment for them. An insurance company's underwriting department will scrutinize every detail you provide, from medical records to the lifestyle you lead (eating habits, vices, etc). Although this process is usually associated with life insurance, car insurance also undergoes this underwriting process.
One of the factors that insurance companies pay attention to is their occupation. According to research conducted by the DMV, a person's occupation is a big factor in determining the premiums of the car insurance given.
Car insurance premiums and the stress level of a job share a direct relationship; the higher the stress level a job demands, the higher the car insurance premium, and vice versa. The following are the occupations with some of the highest car insurance premiums according to the DMV: lawyers, doctors, architects, and executives.
The high premiums for high stress jobs is not so much as a knock on the professions themselves, but rather the long work hours involved in these occupations, which can lead to falling asleep behind the wheel due to sleep deprivation. Also, these jobs place people inside a car often due to all the travel they need to do to meet with clients and the like.
If your job leads to high premiums, at least you're getting paid an amount that lets you afford the higher premiums, right?
One of the factors that insurance companies pay attention to is their occupation. According to research conducted by the DMV, a person's occupation is a big factor in determining the premiums of the car insurance given.
Car insurance premiums and the stress level of a job share a direct relationship; the higher the stress level a job demands, the higher the car insurance premium, and vice versa. The following are the occupations with some of the highest car insurance premiums according to the DMV: lawyers, doctors, architects, and executives.
The high premiums for high stress jobs is not so much as a knock on the professions themselves, but rather the long work hours involved in these occupations, which can lead to falling asleep behind the wheel due to sleep deprivation. Also, these jobs place people inside a car often due to all the travel they need to do to meet with clients and the like.
If your job leads to high premiums, at least you're getting paid an amount that lets you afford the higher premiums, right?