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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