38% percent of drivers admit to lying to get cheaper car insurance rates
Created on August 13, 2010Wow! This is interesting… a new study out of the UK says 38% percent of drivers admit to lying to get cheaper car insurance rates! As car insurance costs continue to go up, the study says people lie to insurance companies about “annual mileage, where the car is kept, the value of the car and including named drivers on the car that are unlikely ever to drive the car.”
This can have some serious consequences because by lying you are risking your coverage all together if you do actually need to make a claim. There are ways to save on car insurance without lying; for example, shop around for the lowest rates or drive a different car to save.
And, if you are injured in a car accident, and need someone to help you fight the insurance companies involved, call my office at 702-240-0000, text us at 24-0000, or go to www.edbernstein.com.
-Ed Bernstein
Do You Lie To Get Cheaper Car Insurance?
5 August 2010
By MoneyHighStreet Staff
As costs continue to rise, many resort to lying to help get cheaper car insurance, do you? If so this could have serious ramifications.
Find this article at: http://www.moneyhighstreet.com/car-insurance-news/do-you-lie-to-get-cheaper-car-insurance/