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Wednesday, November 17, 2010

Don't Lie To Get Cheaper Car Insurance

By Al Callaghan.

Car insurance companies penalize heavily individuals who give falsified information when applying for cheap motor policies. People who use falsified information when applying for vehicle cover may think that all is well until they file insurance claims. Most finance companies scrutinize information given by individuals filling for claims; people who use falsified information are generally caught at this stage as the insurance seeks to justify past and present information as fraud checks before issue of compensation.

What impact can lying have on an individual claim settlement Most people are not aware of the repercussions of issuing falsified information to any company. Insurance companies take application filed by individuals who initially bought insurance policies with fake information very serious. False information can jeopardize an individual's chance of getting an insurance claim settlement. It is very important to indicate true information whenever one is making application for insurance. Most people tend to lie so as to secure cheap insurance premiums however this is only works to an individuals disadvantage at the end of the day.

Battle of the sexes Research has it that most of people who engage in lying for cheap cover are men because most car insurance covers favour women since they carry around less risk factor as compared to men. Most male applicants normally apply for car cover using their female acquaintances names and information; possible misunderstandings may come up when a company chooses to make claim settlements under the name of the applicant. It is prohibited for individuals to apply for car insurance using female applicants other than their wives.

How to cut Insurance costs with a clean conscience There are quite a number of ways one can cut cover with a clean conscience. Finding relevant information on how to lower an individual's car policy or rather secure for car insurance uk is quite easy. An insurance company will always offer cheap car insurance quotes if an applicant's car is set to the right car insurance category, security details of the a car can also lower risk hence lower vehicle insurance quote. It is very important for an individual to compare rates from a number of insurance companies; there are lots of competitions in car insurance industry and one is bond to find a cheap insurance cover with almost all needs they may be interested in. Searching for a quote on the Internet is always the best way of getting cheap cover.

Whether you use your car to get you to and from work or for an afternoon ride in the countryside, get the best cover when you compare [http://www.comparethemarket.com/car-insurance/car-insurance-for-women/]cheap car insurance for women.

Article Source: [http://EzineArticles.com/?

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