Who pays more for their car insurance, a doctor or a pilot?
Who pays more for their car insurance, a doctor or a pilot? When someone is going to take out auto insurance, in addition to the name, they must say their age, occupation, and level of studies. Although these may seem like unimportant questions, insurance companies use all this data to configure the policy rate.
The business of insurers is to account for everything and create statistics that allow them to calculate the risk.
According to this calculation, the professional profile will affect the insurance rate. Incredible as it may seem, some occupations are seen as “high risk” professions when it comes to driving. For example, clients who are doctors, lawyers, architects, directors, or business owners typically drive with a higher level of stress, and more fatigue, which can lead to more distractions.
On the other hand, there are professions or trades considered to be less risky. Some of which will surprise you. In that group are pilots, nurses, scientists, teachers, and artists. Apparently, they tend to concentrate more on driving, therefore they have fewer accidents.
All of these data are statistics. It does not mean that a doctor is always stressed, nor that there are no aggressive teachers at the helm. In short, the individual experience as a driver will be the most important element when determining the premium to be paid. Who pays more for their car insurance, a doctor or a pilot?