Invalid Car Insurance for 1 in 10 Motorists

I was amazed to hear that 6% of people have given incorrect information when taking out a new car insurance policy. This is a staggering 1 in 10 of us, whilst a further 5% in and effort to save money have lied about where they are their vehicle on an evening.

There are drivers who have not declared their speeding, drink driving convictions and also bans which they have received, they total 3%.

I can appreciate wanting to keep the cost of car insurance to a minimum but is it really worth it.

Also there is nothing more confusing when applying for car insurance on my first policy I didn’t have a clue and was confused at the different types of insurance. Take for instance social and domestic pleasure does this mean you can drive to work or do you have to include commuting on your insurance? Apparently you do, and this is something that needs explaining when taking out a policy!

There are of course people who have made a genuine mistake, which I must say is easy to do especially when applying online or adding other drivers to the policy. 16% of people have admitting not understanding the questions when asked and a third of people have made a genuine mistake.

At present the average policy costs around £400.00, whilst the average claim is in the region of £1600.00.

Please remember that if any of the details which you have passed to your insurance company are incorrect, then your insurers are not liable to pay out on a claim, which would leave the motorist responsible for any claims made.
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