What types of occupations receive car insurance discounts?
Here is a list of 20 occupations that are looked upon favorably by auto insurance underwriters. These occupations are likely to receive car insurance discounts from one company or another, although different car insurance companies offer different occupational discounts. As always, it pays to shop around. In any case, it seems that people in the following professions have a lower frequency of traffic accident claims:
Accountants: Certified Public Accountants (CPAs) can enjoy a break on car insurance premiums. CPAs are meticulous, detail-oriented types who tend to work near home (if not at home). Their jobs have relatively low stress levels.
Actuaries: Actuaries are insurance professionals who decide how much an insurance company will pay out on a claim. Actuaries seem less likely than other employees to file claims on their own behalf.
Architects: Architects have a precise, meticulous nature. They also tend to work near home. The qualities that make an architect are many of the same qualities that make a safe driver.
Auto Mechanics: Mechanics are less likely to file car damage claims, as they tend to be able to take care of most minor problems themselves. This entitles mechanics to occupational car insurance discounts and consistently low rates.
Clergy: Nuns and priests tend to live where they work. Their jobs do not involve a lot of driving, nor is drinking or speeding very popular among them.
Dentists: Health care professionals usually get car insurance discounts. Also, people of high income tend to live in better neighborhoods, and are more likely to repair minor dents and scratches themselves without filing an insurance claim.
Doctors: Medical service professionals always get car insurance discounts. For doctors, the discount can be as high as 15 percent. This may begin to offset the higher premium rates that doctors are typically cursed with.
Educators: Teachers of grades K-12, as well as college professors, are eligible for occupational car insurance discounts from many auto insurance providers. Teachers tend to work in the communities where they live, which cuts down on the driving involved.
Engineers: STEM courses rule! Bust your butt at school to become an engineer. It’s one way to save money on car insurance.
First Responders: These include firefighters, ambulance crews, and police officers. They don’t generally work from 9 to 5, and so they don’t usually have to deal with rush hour traffic. They also tend to live in the same communities where they work. According to accident reports, first responders are at a much lower risk for accidents (when driving their own personal vehicles) than people who are employed at most other professions. That’s why first responders get a 5 to 10 percent discount on auto insurance.
Librarians: Librarians are thought to be cautious, quiet types who work near home.
Military Service Members: Many insurance companies offer military discounts to active and retired military personnel and their families. Part of the reason is that military personnel have reduced chances of getting into accidents and filing claims. In fact, there’s a whole insurance company called USAA, which is dedicated to military personnel.
Nurses: Nursing tends to be a female-dominated profession. This is one reason why nurses get lower rates on car insurance.
Performers: Performers and other artists tend to live in cities, and are inclined to take public transportation rather than drive.
Pilots: A plane operates very much like a street vehicle, despite the lack of rush hour traffic in the sky. Also, pilots are responsible for the safety and well being of others.
Retired People: Retired people stay home more often and drive less often. This makes them part of the low risk crowd.
Scientists: Rock those STEM courses with a special discount on car insurance! Scientists are considered to be very meticulous and detail-oriented, so they pay some of the lowest premiums on auto insurance.
Self Employed Professionals: If you’re self employed and working from home, you probably don’t put too many miles on your vehicle. This may entitle you to a low mileage discount.
Social Workers: Like nursing, this profession is dominated by females, who are known to be slower drivers than males.
Underwriters: What underwriters could possibly resist including themselves on a list of occupational discounts for car insurance?
Key factors in these discounted occupations include low stress levels, responsibility for the safety and well being of other people, meticulous personalities, and/or a tendency to use public transportation.
Basically, anyone who is employed in the automotive industry, the insurance industry, the healthcare industry, the education industry, or any of a number of other industries, can reasonably apply for an occupational discount. Still, you need to be really proactive and ask agents from at least a few insurance companies if your profession allows you a discounted premium rate. Ask about occupational discounts! Also, find out if your education can earn you savings on your policy premiums. The worst they can do is say no.