Fudging the details on your car insurance application to cut down on costs might seem like a quick way to save cash, but it can carry serious consequences. If you're involved in an incident and need to make a claim, but you've provided false information, you could: Have your claim rejected outright Have your policy terminated Have to tell all future insurers about all non-disclosures, meaning several providers could refuse to cover you Be subjected to unlimited fines and further prosecution.
You also run these risks if you fail to update your insurer during your term. Any additional drivers, changes to address, occupation, vehicle modifications or uses for your car that your provider doesn't know about could be a problem later on.
Motor insurance fraud makes up the majority of fraud cases - around 43,000 UK drivers are prosecuted for it every year.
Once you make a claim, an insurance company will work to process the validity and value of the incident. This can encompass several steps. Insurers may: Take witness statements Survey the relevant area and perform an inspection Collect physical evidence Gather documents like police accident reports, their own
Collection
[
|
...
]