Renewing your car insurance? Best policy is to avoid saying ‘unemployed’

Just being more precise about your occupation on a form could save you £700 a year

Miles Brignall

Next time your car insurance renewal comes through, don’t fall into the trap of describing yourself as unemployed if, for example, you are retired, a student or a housewife/house husband. If you do, you could end up paying 50% more.