Saturday 9 April 2011

The Lies People Tell to get Insured

Car insurance is often seen as a necessary evil.
It's compulsory, it can be expensive and it can be time-consuming. 

With the introduction of online quotes, many less scrupulous people have begun telling lies on their insurance quotes to try to get a cheaper price - often seeing it as a clever way to reduce their premium.

In fact this is lying. It is fraud. And it is illegal.

What's more, the impact of this activity is felt by honest people, whose premiums are inflated by up to 40% as a result.
Here are five of the most seemingly harmless car insurance quote fibs that put premiums up for everyone else:
  1. "Are you the main driver?" - "Yes."
  2. "Do you have any convictions?" - "No."
  3. "Have you ever made a claim?" - "No."
  4. "Does your car have any modifications?" - "No."
  5. "Where will your car be kept overnight?" - "In a locked garage."
Ecar Insurance, part of the EInsurance group, has implemented technology and processes to eliminate these fraudulent applications. And by cancelling fraudulent policies or increasing premiums to the correct level for those who told fibs to get a cheap quote, we are able to offer 40% cheaper premiums to our honest customers.


Honesty really is your best Policy! 
              
   

3 comments:

  1. Wow, that must be why my quote today was so good!

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  2. It's really good that you are being proactive to find these people rather than waiting for a claim to be put in then finding that insurance is void like other companies do. If only every insurance company did this we could all have more assurance.

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  3. Really great prices, good to come across an honest company!!!

    Thanks eInsurancegroup

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