Cheap car insurance quote news
20/04/2009

Fraudulent claims and lying to your insurer

A fraudulent claim could mean that cheap car insurance will be a thing of the past if you are caught out by your insurance provider and a survey by moneysupermarket.com has revealed that 36 per cent of UK motorists are likely to take just such a risk.

The survey asked motorists whether they would inform their insurer if the vehicle they were claiming for had not been secured properly before it was stolen.

Only 18 per cent of respondents said they would tell the truth in this scenario. One in three drivers said they would not openly tell the insurer; of these, one in ten said they would never tell the whole truth and around 31 per cent they would only tell the truth if urged to divulge more information.

Female drivers were revealed as the more truthful gender as 33 per cent of women would tell the truth if asked, as opposed to 28 per cent of men.

Further, almost ten per cent of men said they would never admit the truth to their insurer compared with seven per cent of women.

Car insurance managing director at moneysupermarket.com said, "It's a real surprise to find out so many motorists are ready to lie in order to secure a motor insurance payout. In the current climate, many people may be concerned about receiving adequate payout from their insurer.

"However it would be foolish to keep quiet and withhold information; if you are caught out it could back-fire and be seen as fraudulent behaviour in the eyes of an insurer, and could result in them refusing to cover you in the future."

It is also fraudulent to not inform an insurer providing you with a cheap car insurance quote that you have been refused cover or have had a policy cancelled.