Trust us – we’re not exactly a fan about all the questions that go with buying insurance OR a lot of the jargon. But that’s exactly why we’ve built Stroll Insurance. To make it as easy as possible to go through the process, quickly!
Unfortunately, some questions just can’t be avoided. They’re essential to assessing risk which are mostly based around you as a driver and your car.
For example, where you live may be a hotspot for crime and this means your car is more likely to be stolen which makes for a higher premium. Or you may have 20 years driving under your belt and a completely clean licence, which will help lower your premium.
But let's take a look at the WHY behind some of our questions...
Why do you need to know my address and postcode?
Many factors can affect your price and one of them is your postcode as it can tell insurers:
- The amount of personal accident claims that were made by drivers in your area
- The number of uninsured drivers that live around you
- If your area has a high or low crime rate regarding car theft and vandalism
- How good your road infrastructure system in your area is. For example, more roundabouts and cycle lanes might increase the risk of accidents
Higher risk areas generally mean insurance premiums are more costly than a town that is considered low risk.
Why do you need to know my relationship status?
Your marital status can actually be a factor in your price. The good news is that your car insurance is most likely to go down if you get married…you might think that’s a bit old fashioned but there is sound evidence behind it.
Research shows that single drivers are twice as likely to have an accident as married ones with the Executive Director of BIBA, Graeme Trudgill, claiming that
married people made fewer injury claims than single or divorced people
Your homeowner status
When you are doing a car insurance quote, you are usually asked whether you are a homeowner or not and many people are probably wondering “Why do they want to know that – are they going to try to sell me something else?”.
The answer is no.
Most car insurance companies gave a small discount to homeowners even if your home insurance isn’t with them because homeowners are seen as more reliable and stable than non-homeowners.
So, if you recently just bought a house, click Yes to the homeowner question. It might just save you money on your car insurance.
Type of employment
You might wonder does my work affect the cost of my cover? The short answer: it does. By analysing data from past claims, insurers see some occupations as higher risk than others.
There’s also no point lying about your job description as you will just invalidate your insurance if the unexpected occurs and no one wants that.
An article from Motoring Research examines both the most expensive and least expensive job titles based on analysing 100 different occupations.
Most expensive occupations
- Bar Staff
- Fitness Instructor
Least expensive occupations
- Design Engineer
- Account Executive
Read More: Car Insurance Groups Explained