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Moneysupermarket Reveals Need For Speed In Certain Careers

Attention! A new study has revealed that although they may be used to a life of discipline and authority while out in the field, those in the armed forces really let their hair down when behind the wheel.

In research carried out by moneysupermarket, it was shown that army officers are the profession which are most likely to be caught speeding. According to the price comparison site, just over a quarter (25.83 per cent) of those in such a career claimed to have exceeded the speed limit during the last five years in their car insurance applications.

Sales directors came in second place behind army officers when it came to speeding, with 24.45 per cent of these said to have gone faster than the law permitted them to. Meanwhile, 23.02 per cent of chartered engineers state that they have been inclined to break the speed limit. Surgeons, pilots, GPs and barristers were also revealed to be in the top ten professions most likely to be speeding.

However, moneysupermarket advises motorists with a passion for pace to “be cautious”. The firm reminds that those women who have two speeding convictions could see their annual motor insurance costs increased by about ten per cent. Meanwhile, men who are revealed to have broken this part of the law may witness a 20 per cent increase in premiums.

And following on from facing increasing insurance costs, those drivers whose need for speed land them in hot water could find managing other motoring expenses – such as MOT, repairs and road tax – becomes more difficult. This could extend to having greater problems in handling other spending commitments in areas ranging from mortgage and loan repayments to grocery costs and store cards.

Peter Gerrard, head of insurance research at moneysupermarket, said: “As a reflection on their adrenaline fuelled and active profession, army officers are most likely to be caught hurtling down the motorway; for them two speeding convictions could raise their premium by a third (34 per cent). However, it is strange to see that a fifth of masseurs are likely to speed – what a contradiction to their calming career.”

He also reported: “Our research reflects the trend in the motor insurance industry that peoples professions can be reflected in the cost of their premiums. However, this isnt always the case and when an insurer is building a premium there are still many other variables which determine the amount charged.”

On the other hand, anthropologists were shown to be in the career where people are the least likely to speed. Some 1.37 per cent of such professionals claim to have broken the speed limit, closely followed by 1.39 and 1.41 per cent of tobacconists and au pairs respectively. It was also revealed toy makers, dermatologists and butlers are those who are least likely to break speed laws.

Whether an art dealer or a zoologist, consumers on the search of a new set of wheels could find that applying for a motor loan is an effective form of financial assistance. Getting a loan could not only allow borrowers to purchase their dream car, but also give them enough disposable income with which to pay for insurance and other motoring costs quickly. This sort of cheap loan might be especially helpful for older motorists after a recent RIAS study showed that 32 per cent of the over-50s claim they would base their choice of the next vehicle they buy based on how many miles to the gallon it offers.

Loan Arrangers providing you with breaking motor loans news.

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