ePrivacy and GPDR Cookie Consent by Cookie Consent Best and worst professions for car insurance premiums revealed
Everyday Loans for Everyday Life



Best and worst professions for car insurance premiums revealed

Motor racing drivers pay a high price for doing a job that largely involves working with cars. Not only is it an expensive sport, with the cost of racing and racing cars going well into the tens of thousands, but the insurance is sky high too.

Motor racing drivers and organisers have the most expensive car insurance premiums, costing an average of £1,591, according to a MoneySupermarket study.

Footballers are not far behind, shelling out a massive £1,554 on average for their car insurance.  Other sportsmen, funfair employees and theme park workers as well as Canvassers also make it into the top five.

Students, apprentices, exotic dancers and television presenters also face paying over the odds for car insurance.

The research of over 16 million quotes from the past year revealed that nurses pay the least cover, at an average £255 a year.

Guesthouse proprietors and reflexologists take the second and third spot for the cheapest car insurance premiums.

Head teachers, coastguards and matrons also make it into the top cheapest professions for car insurance.

Pete Harrison, car insurance expert at MoneySupermarket.com said: “Insurers measure risk in a number of ways and your profession could speak volumes about your risk as a driver, according to insurance providers. Our research clearly shows that the racier your job, the more expensive your premium will be.

“It is not surprising that students and apprentices are hit by high premiums as they are likely to be young, inexperienced drivers. Retired drivers on the other hand are considered less risky as they have years of experience, built up no claims bonuses and are likely to drive fewer miles each year.

Posted in Bad Credit on Oct 31, 2012.

Representative Example: Borrowing £3,000 over 24 months at an interest rate of 71.3% p.a. (fixed), you will repay 24 monthly payments of £238 per month. Interest Payable £2,706. Total Repayable £5,706. Representative 99.9% APR.

Jason Bovington - COO

Jason BovingtonJason became Chief Operating Officer in July 2022. He joined Everyday Loans initially in 2006 as part of the start up team implementing the credit risk strategy and building the analytical capability as Head of Credit Risk and Analytics. In his time with Everyday Loans he has also held the roles of Chief Risk Officer and Chief Credit Officer. Prior to joining Everyday Loans Jason spent 10 years at HFC Bank with his last role there being Credit Risk Director and prior to that he was part of the Credit Risk team at Lloyds TSB.