USwitch survey finds 60% of drivers could have invalid insurance after failing to register job change
Six out of ten drivers could be driving without valid car insurance because they haven’t told their insurer about a change of job, according to a survey from price comparison site uSwitch.
And the drivers who do tell their insurers face an average charge of £22 to register the job change, with some insurers charging up to £50, it added.
Occupation is one of the factors taken into consideration by car insurers when setting premiums, and a change could affect the cost of the policy. Failure to update your provider about a job change could lead to the policy being invalid and any claims being declined, uSwitch said.
But the survey found that 41% of drivers didn’t know they had to tell their insurer.
And 94% believed insurers shouldn’t charge excessive administration fees to make small adjustments to policy documents.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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