Why does car insurance exist for the higher educated?

It’s also true that car insurance premiums can be lower for people with higher education. Why is that? Isn’t this discrimination? How does this differ from standard car insurance? We’d be happy to provide you with more information on these topics.

Why car insurance for higher-ups?

It may sound a bit strange that there are car insurance policies for the higher educated. Fortunately, insurers do not do this haphazardly: there is a good reason behind it. Research conducted by various insurers has shown that the higher educated claim less often. This difference with other types of policyholders is so significant that there is a special insurance for the higher educated. With insurance for the higher educated, insurers are thus targeting a specific market, based on research.

What are higher educated people?

What exactly are higher-ups in the context of these insurance policies? Many insurers follow the same guidelines here. As a rule, the following groups are considered higher educated:

• People who have completed an education at a college (HBO program).
• People who have studied at the University (WO education, bachelor and master).

Some insurers also classify people with an MBO level 4 education as higher educated.

An indication can be given in this context: a premium for car insurance for higher educated people is usually between 3 and 8% lower.
This significant difference in premium is certainly worthwhile for higher educated people to investigate. After all, it would be a shame if this "premium lowering" circumstance is not taken advantage of.

Isn't car insurance specifically for the college-educated discriminatory?

Car insurance for the higher educated ... It may sound like discrimination. Why would an insurer create inequality in this way? In this context, it is worth remembering that this term should not be taken too literally. So why not? Taking out insurance amounts to covering a risk. A good insurer prefers to paint as complete a picture as possible of the "situation to be covered. This involves a case-by-case assessment. Personal matters of the (potential) policyholder are also considered. In itself not so strange: a wrong risk assessment can be very disadvantageous for the insurer. So the circumstance that level of education can lead to a lower premium is only a fact. It is only part of a much broader risk assessment. So there is no discrimination in auto insurance for the higher educated in any way. It is simply part of the way insurers work. By the way, without this accurate way of working, insurance in general would become a lot more expensive.

Easily calculate car insurance premium at Alpina

Wondering if "normal" car insurance is more expensive than higher education insurance? On Alpina's website, you can easily and quickly compare car insurance policies by premium. Or contact us and we'll answer your questions!