Can Your Career Get You A Discount?
Question: I heard that car insurance companies look at your education level and occupation and that it's possible to get a discount if you have a certain type of job. Is this true? What types of occupations receive discounts? I'm trying to decide on a major and thought this would be good to know.
Answer: Yes, people in some careers will get a break on their car insurance rates or an outright discount. Is the discount big enough to switch majors for? Probably not.
If state laws allow, a driver's education and occupation may be considered as car insurance companies weigh rating factors that can help determine your annual premiums.
The occupations that receive a discount on car insurance are those that have statistically shown to be less risk to auto insurers -- typically this means the insurance company's records indicate that those working in these types of careers have filed fewer claims than those in other lines of work. (See “6 jobs that get car insurance discounts”)The occupations that we typically see offered an auto discount include:
- EMTs (Emergency medical technicians)
- Police officers
- Military members
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