Notes

Don't Lie on your own AUTO INSURANCE Application Forms
There's a curious - some would say quaint - Latin phrase some insurance professionals use to describe the relationship between insurer and insured. That phrase is uberrimae fidei also it means "utmost good faith". Basically, it means that the relationship is founded on both parties being totally honest with one another and not telling any untruths - by commission or omission. In short, it's the reason why you don't lie on your own car insurance application forms.

Whether quaint or elsewhere, this idea of utmost good faith is indeed central to the principles of the insurance business that it lies at the heart of each insurance contract. In the absence of such honesty, the contract itself can be null and void. What this signifies, of course, is that if you don't tell the truth on your own auto insurance proposal forms, the insurance can be declared invalid. Even though you've been paying the premiums each month, if the insurer can show you've acted in anything less than utmost good faith, with regards to creating a claim, the policy can be declared invalid and you also find that you are uninsured.

This is a thing that could leave you not merely seriously out of pocket, if you have to fund all repairs and damage yourself, but may possibly also put you in serious breach of regulations by driving while uninsured. Therefore, the message is pretty clear - don't lie on your car insurance application forms.

Among the areas where people seem tempted to be less than truthful relates to previous motoring convictions. They quite rightly recognise that past infractions will undoubtedly be taken into account by the insurer when calculating the risks, potentially leading to an increased premium therefore. In attempt to avoid paying the higher premium, some people may be tempted simply to lie, or not to divulge the complete truth about their motoring convictions. In the event of an accident, especially one to which the police are called and something involving a subsequent summons to court, it's likely that the driver's record should come out. With this thought, there's a risk of the insurance provider then declaring that the insurance policy is actually invalid.

Some applicants for car insurance cover are sometimes economic with the reality when assessing the state of their health and their fitness to drive. If the car insurance application form requests any kind of medical declaration as to your fitness to drive, it would be extremely short sighted once more to lie about any of it. Still worse, of course, would be to have told exactly the same lies or to have exercised the same deceit with the Driver and Vehicle Licensing Authority (DVLA) so as to secure or keep your driving licence. the inner circle trader review is usually a criminal offence, your driving licence will be invalid and, alongside it, will be any insurance you had arranged.

When check here arrived at car insurance applications it's best to be completely honest about modified vehicles. Modifications - especially those that alter the performance of the automobile - are fundamental to the insurer's assessment of the risk of insuring the automobile. If they feel they are misled, or lied to, the chances are that they'll consider whether to honour the insurance contract in its entirety.

Jon McGovern is from Tescocompare.com [http://www.tescocompare.com], the insurance comparison site where one can compare auto insurance [http://www.tescocompare.com] policy features and prices.
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