Comments on: How Much Can You Lie While Obtaining New Auto Insurance?

By: Cowboy Bill

Cowboy Bill — Fri, 12 Feb 2010 18:58:08 +0000

Well, if your insurer ‘finds out’ about something you didn’t disclose to them after the policy is written they can revoke your policy retro-actively to the inception date. If you happen to bump into a $60,000 Mercedes and send three people to the ER you will have to pay for it out of pocket.
Go ahead — roll the dice……

By: great grandad.eric.

great grandad.eric. — Fri, 12 Feb 2010 17:17:31 +0000

When you are buying insurance the company just wants your money,so a lie is not so important, but, if you have an accident the full might of the said company will dis end on you.IF they find so much as a small fib, they wont pay , your policy can be declared void.Best to be honest first time round.

By: rhinestones

rhinestones — Fri, 12 Feb 2010 15:04:12 +0000

as much as you;re willing to accept the consequences for. realizing that if you lie and don’t get caught, as soon as you have an accident and they look and see you lied, they just deny coverage on basis of fraud (technical definition for what you are proposing) and you are up poop creek without a shovel. same affect as driving without insurance.

By: rockbase

rockbase — Fri, 12 Feb 2010 12:42:12 +0000

First they can tell, so why do they ask…easy.
They ask you, you lie, they give you insurance and you make first payment, they catch your record and then charge you max which you have to pay because you lied. Its higher then maybe you would have paid, they get you at the highest price they can charge where as before you might have walked away because of the high price.