Showing posts with label car insurance. Show all posts
Showing posts with label car insurance. Show all posts

Insurance professionals among most accident prone groups



Aggregator site GoCompare has released its study into which professions are most likely to make a claim on their car insurance policies. The results aren’t too good for those of us who work in the insurance industry!

Three insurance sector professions made it to the top 20 with claim rates well above the national average of six per cent. In the top ten were insurance consultants, with 10.18 per cent of them claiming in the past five years. Then came insurance representatives, with 9.42 per cent making claims, followed by (even more ironically) claims adjustors at 9.39 per cent.

However the study revealed that it’s health care professionals who are, by some margin, the biggest claimants. GPs came in top, with nearly 13 per cent of them lodging at-fault claims in the past five years. Hospital consultants were a close second with 12 per cent, while hospital doctors and surgeons were in fourth and fifth place, with just over 10.4 per cent of them making claims.

Meanwhile the least likely to claim on their car insurance were car dealers, abattoir workers and car wash attendants.

Further rises in motor insurance premiums, and increased gender gap



The latest confused.com car insurance price index, in association with Willis Towers Watson, has revealed that in Q4 2016 comprehensive car insurance premiums were 14 per cent more than in the same period the year before.

The price data was based on almost two million customer quotes and compares to a 6.9 per cent increase for the same period in 2015.  An average comprehensive car insurance premium is now £767.

It has been suggested that the increase in premiums is down to a number of factors including the rise in IPT, increased repair bills as cars get more sophisticated, and “ambulance chasing” lawyers.  A spokesman from Willis Towers Watson said there could be “an underlying slowdown in the rate of premium increases”, which would be welcome news to motorists.