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Insurers: footballers should pay higher rates

Akash Vasvani

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Insurers: footballers should pay higher rates
A new study has found that your profession may be affecting how much you pay each year for car... Read More

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654 views Aug 1, 2009

Insurers: footballers should pay higher rates

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A new study has found that your profession may be affecting how much you pay each year for car insurance, and it’s not just income that’s determining the outcome but rather the vocation itself. Factors insurers use to calculate premiums will always remain a mystery but a survey carried out over 365 different professions with three individual insurance companies found that profession alone could cause an increase of up to £850, as reported by Reuters.

Using the exact same details for each field every time, barring job, researchers found that a 32 year-old footballer with a Ford Mondeo LX living in London would fork out £1,348 year for fully comprehensive insurance, as opposed to a secretary in the same position paying just £501 instead.

The top ten most expensive professions were footballers, comedians, stuntmen, fortune-tellers, circus employees, minicab drivers, national press journalists, builders, firewood merchants and cleaners. Telephone salesmen came in at number 15 while secretaries came in last, faring the cheapest of the lot.