Car insurance employment status - "house-husband"?
Discussion
Dr Mike Oxgreen said:
bigandclever said:
Gosh, that really does surprise me!
Mind you, my son-in-law is a hotelier and when my daughter put him on her insurance it didn't make a significant difference - I was expecting it to be a horrible amount.
I guess in your shoes I'd run some dummy quotes and see what works best.
The Spruce goose said:
LEAST EXPENSIVE PROFESSIONS
Job
Cost
State enrolled nurse
£255
Guest house proprietor
£264
Reflexologist
£273
Distillery worker
£280
Coastguard
£280
Bursar
£284
Magistrate
£291
Matron
£294
School crossing warden
£301
Headteacher
£302
Read more: http://www.thisismoney.co.uk/money/cars/article-22...
Magistrate isn't a profession, it's a voluntary role: https://www.gov.uk/become-magistrate/can-you-be-a-...Job
Cost
State enrolled nurse
£255
Guest house proprietor
£264
Reflexologist
£273
Distillery worker
£280
Coastguard
£280
Bursar
£284
Magistrate
£291
Matron
£294
School crossing warden
£301
Headteacher
£302
Read more: http://www.thisismoney.co.uk/money/cars/article-22...
Ultimately it all depends on your insurance companies interpretation.
I would go in with househusband, and simply tell them you've stopped working, your not claiming benefits (assuming), your considering what to do next. If they say you must put unemployed I'd argue it on the basis you left and are self supporting.
Retired if you too young can be bad for premiums as insurers get suspicious, a lot of insurers don't like independent means - probably lack of data, or concerns of lying. Student is likely to be expensive.
Be careful if you run multiple quotes on website or comparison site as when you buy that insurer can view all the quotes you have run. If you have not had a conversation with them about what you do, and agreed what you have put in then, if there is a claim and they start looking at it, they are likely to start asking questions... which is all too late.
Or you could ring a broker and let them do the work.
I would go in with househusband, and simply tell them you've stopped working, your not claiming benefits (assuming), your considering what to do next. If they say you must put unemployed I'd argue it on the basis you left and are self supporting.
Retired if you too young can be bad for premiums as insurers get suspicious, a lot of insurers don't like independent means - probably lack of data, or concerns of lying. Student is likely to be expensive.
Be careful if you run multiple quotes on website or comparison site as when you buy that insurer can view all the quotes you have run. If you have not had a conversation with them about what you do, and agreed what you have put in then, if there is a claim and they start looking at it, they are likely to start asking questions... which is all too late.
Or you could ring a broker and let them do the work.
Riley Blue said:
Magistrate isn't a profession, it's a voluntary role: https://www.gov.uk/become-magistrate/can-you-be-a-...
QuiteI thought all the stipendiaries were now District Judges. This list may be a bit out of date!
Riley Blue said:
Magistrate isn't a profession, it's a voluntary role: https://www.gov.uk/become-magistrate/can-you-be-a-...
makes no difference this is what people have put when asked.'What's your employment status'
this is what the insurance industry ask.
Riley Blue said:
Magistrate isn't a profession, it's a voluntary role: https://www.gov.uk/become-magistrate/can-you-be-a-...
makes no difference this is what people have put when asked.'What's your employment status'
this is what the insurance industry ask.
The Spruce goose said:
The list doesn't actually show the premium associated with the profession, but the wider profile of those people.For example students are usually younger people, and footballers and race drivers are usually owners of more expensive, faster cars.
There is a variation in risk profile associated with employment, I knownthat just from changing my engineering profession (electrical, mechanical or systems? ), bit I'm not sure that's what this table shows.
Don't know if saying you're unemployed would put the premium up for all companies, Ive sometimes been out of work at renewal time and when I've put in different occupations it didn't seem to affect premiums for many companies.
Technically if you're on Job-seekers allowance you are unemployed. If you aren't then you aren't unemployed, any more than Prince Charles is unemployed. Just because you don't have a job doesn't mean you are unemployed.
Funfair workers might have large insurance premiums but they have interesting jobs; so it's swings and roundabouts!
Technically if you're on Job-seekers allowance you are unemployed. If you aren't then you aren't unemployed, any more than Prince Charles is unemployed. Just because you don't have a job doesn't mean you are unemployed.
Funfair workers might have large insurance premiums but they have interesting jobs; so it's swings and roundabouts!
ZOLLAR said:
There should be an option for "independent means".
On the green screen quote system we used to use there was.My favourite occupation on the list was Chicken Sexer.
When bored (ie all the time the phone didn't ring) we used to try and refine a save quote to get the highest possible rate.
The winner was a bloke who I still work with and he got it to over 20K - and this was about 1994.
desolate said:
On the green screen quote system we used to use there was.
My favourite occupation on the list was Chicken Sexer.
When bored (ie all the time the phone didn't ring) we used to try and refine a save quote to get the highest possible rate.
The winner was a bloke who I still work with and he got it to over 20K - and this was about 1994.
Aye chicken sexer brings back memories, spiderman always used to make me laugh!My favourite occupation on the list was Chicken Sexer.
When bored (ie all the time the phone didn't ring) we used to try and refine a save quote to get the highest possible rate.
The winner was a bloke who I still work with and he got it to over 20K - and this was about 1994.
Green quote system, not referring to i90 are you?
desolate said:
The winner was a bloke who I still work with and he got it to over 20K - and this was about 1994.
Pah...chicken feed. I worked for a firm that was in a minor way involved in sorted out legal and admin stuff for sports people. We had to source car insurance for Arsenal player Charlie Nicholas. I think he was about 20, living in London with a Porsche 911 and 2 drink drive offences, from memory. His premium was circa £20K, and that was 10 years earlier. I was in a similar situation a few years ago when inbetween jobs. I had a job offer for September that year and wanted a break from work for a few months so quit my existing job at the end of May thus giving a 3 month gap. 
Thought it would be fun to buy a cheap classic Impreza to run around in during the time off and the obligatory employment status discussion came up when arranging insurance. Despite explaining that I had a job lined up (which could be evidenced with contract etc) the insurance company I was with was adamant that the correct status was 'umemployed'. And yes - I was absolutely shafted on the premium as a result!
I did however get a significant chunk back in September when updating my change of employment status. 
At the time, I was slightly miffed but looking back can understand as I was driving the car during the day rather than just commuting to/from the station so can see where there is an increased risk.
Thought it would be fun to buy a cheap classic Impreza to run around in during the time off and the obligatory employment status discussion came up when arranging insurance. Despite explaining that I had a job lined up (which could be evidenced with contract etc) the insurance company I was with was adamant that the correct status was 'umemployed'. And yes - I was absolutely shafted on the premium as a result!
I did however get a significant chunk back in September when updating my change of employment status. At the time, I was slightly miffed but looking back can understand as I was driving the car during the day rather than just commuting to/from the station so can see where there is an increased risk.
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