When you fill in an insurance form, you are normally asked for your occupation – and new data from Go Compare highlights how your job title can significantly impact what you pay
Home insurance prices can change depending on your occuptation
Comparison website Go Compare has revealed there is a £364 gap between the cheapest and most expensive job titles when it comes to home insurance.
When you fill in an insurance form, you are normally asked for your occupation – and new data from Go Compare highlights how your job title can significantly impact what you pay.
The median annual premium for a warehouse packer was £155, compared to £519 for an investment manager. Those in financial services, senior management and the legal sector consistently attracted the highest premiums.
Investment managers paid a median annual premium of £519 in 2024, investment bankers £518, barristers £477, surgeons £463 and finance directors £404.
At the other end of the scale, warehouse packers paid £155, shelf fillers £179 and car delivery drivers £180.
The gap also shows up within the same broad profession. An account director paid a median annual premium of £338, compared to £269 for an account manager and £292 for an account executive.
But it is important not to lie on your insurance application – otherwise you could end up committing fraud.
Go Compare found that nearly one in four Brits (24%) intentionally lied on a personal finance application – and of these people, 14% said they had lied about their profession or job title.
Tamzin Metcalfe, home insurance specialist at Go Compare, said: “Lying on an insurance application, including about your job title, is not a grey area.
“It is fraud, and it can have serious consequences. Your insurer could cancel your policy, refuse to pay out on a claim, or pass the information to fraud databases that affect your ability to get cover elsewhere in future.”
She added: “The right question to ask yourself is whether someone who genuinely knows your job would consider the description you have chosen to be fair and accurate.
“If the answer is yes, you are fine. If your circumstances have changed since you last renewed, a promotion, a career change, a move to part-time hours, it is always worth updating your details rather than rolling over on the same information. That kind of honest review is exactly what comparison is for.”
Other factors that can impact your home insurance price include your location, property type, age, claims history and contents value.
Go Compare analysed combined buildings and contents home insurance policies sold between January 2024 and December 2025.
Save money on home insurance
Home insurance covers you if something bad happens, such as a fire, burglary or storm damage.
But what exactly you’re covered against depends on the type of policy you take out.
The three main types are: buildings insurance, contents insurance and combined buildings and contents insurance.
The best way to save money is to check prices using a comparison website when your current policy is up for renewal.
If you have found cheaper quotes, talk to your existing home insurance provider to see if they can beat it.
MoneySavingExpert says 21 days before your home insurance is due to expire is the prime time to find the cheapest deals.
