UK Money News
17th April 2008
Brits urged to come clean with insurers
Britons have been urged to resist the temptation to lie to their motor insurance provider in a bid to secure cheaper premiums.
Research from insurance.co.uk recently uncovered that the practice is so widespread among motorists that one in four admitted that they had provided false information for this purpose.
This ranged from lying about the usage of the car and its value to where it is parked and how secure it is.
The findings prompted a warning from Steve Grainger, head of insurance.co.uk, who said that a lie on an insurance form could jeopardise the success of a future claim application.
He said: "Many motorists would never dream of illegally driving without insurance, but they seem to be blissfully unaware that entering inaccurate information on a motor insurance application could make their policy worthless, leaving themselves and those around them at considerable risk.
"Although it's natural to want to get the cheapest quote you can, this should never be done at the expense of cover."
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