Insurance companies base premium rates on statistics – that’s why your insurance rates are affected by your age, gender, and even the model and make of the car you drive. What you may not know is that your rates will change based on what type of job you are holding down in Georgia.
The rate that you end up paying for your premium is based on your insurance company’s careful analysis of every imaginable demographic factor. All of these factors enable the insurance companies to decide the likelihood of you being involved in a car accident in Atlanta.
One of the factors taken into consideration is what type of work you do. The insurance industry has determined that the following occupations should have the lowest premiums:
Why these jobs? Well, all of these jobs require people that have a meticulous nature and careful attention to detail. These traits translate quite well into safe driving habits. Also, retired people and folks who work from home have lower rates; they are considered low-risk drivers because they typically travel fewer miles in a year.
The following occupations tend to have the highest premiums:
- Business owners
- Real estate brokers
- Social workers
All of these jobs are considered high stress and involve working long hours, presumably driving more hours. Even if you’re a defensive and smart driver, simply driving a lot increases your risk of being involved in an accident.
Changing your job in order to pay less for insurance is probably not ideal. Careful comparison-shopping will help you find the insurance company that will give you the coverage you want at the rate you can afford.
If you have been a victim in an accident, you may have questions concerning any legal action you may be contemplating. The experienced Atlanta car accident attorneys at Kaufman Law, P.C. are available to answer all of your questions. Please contact us today to schedule a free consultation.