Car Insurance - Can I Lie?

NatterJack_Toad

LOL!

Stupid question, huh?

But the fact is last year I had no years claims bonus.

This year I have 1 years no claims bonus.

You'd think I'd get a better deal, right?

Wrong.

Because I've changed addresses it's shot up by almost £200. Which is complete and utter BS.

I even live in a nicer area.

What's the deal with that?

Should I just enter my old address?

davetrousers

Get some different quotes.

If you lie about your address how will you get the insurance forms/certificate through?

Plus you will be paying a sum of money but won't be insured because you lied!

NatterJack_Toad

My parents live at the old address.

morg_monster

is it definitely just the address that has changed? you've not changed where the car is kept or anything?
as dave said, make sure you try a few different companies for quotes.

Belnahua

Put another experienced named driver on your insurance (who is believably liable to drive the car)!

I could not believe it when I got a quote without my OH to see how much cheaper it was only to discover it was more expensive!

davetrousers

Consider this, Insurance companies do not want to pay out and will look for reasons to not pay out, so when they discover you have lied about your address they will gleefully tell you that they will not pay up, thus leaving you with a hefty bill to pay!

Shop around for some more quotes.

mattymoo

Ignoring the legal and moral issues it is a hard lie to carry off.

Imagine 3 years down the line your car is stolen from outside your house and you report that to the police as required by the policy. Instant discrepancy because the addresses do not match up.

Likewise if your car is written off and you send bills for service work etc to prove the car is worth more than the company is offering. All the bills are in your new address and the insurer will query this and either invalidate the policy because of a deliberate attempt to mislead or insist on the increased premiums and maybe deduct from your settlement.

As others have said, try other insurers but check the cancellation terms for your existing insurers first.

Finally, you say it is a nicer area. Thieves like to nick nice things so possibly ply their trade in that area. If the cars on the driveways are better, the claims costs will be higher as well.

firesidemaid

i had a similar problem - car crime etc is linked to postcode areas.

i moved house halfway through a policy year, rang them up out of courtesy and they wanted to add on another £70 for half a year so i moved.

the quote includes the risk for parking it at your address and driving it round your area - if you shop around (as per martin's guide on car insurance) you will get a better deal. remember car insurance premiums generally will increase each year anyway to some extent, cost of living etc.

it really isn't worth the lie, honestly;)

Oscar_The_Grouch

davetrousers wrote: »

Consider this, Insurance companies do not want to pay out and will look for reasons to not pay out

I'm pleased to see you have such a high opinion of us Dave. You show me an insurer that "does not want to pay out" and I will show you an insurer "in trouble with the FSA".

Insurance is a contract. It is legally binding on both parties and based on the principle of "utmost good faith". This works both ways and if someone is willing to deliberately lie to their insurance company, they get what is coming to them. If the insurer "does not want to pay out" as you suggest, then they will find themselves with a massive fine from the FSA. Hastings Insurance are worse of to the tune of £750k because they did not want to pay up for their mistakes in their postcode tables.

If you feel you are being charged too much money for your insurance, shop around. If you still aren't happy, self insure (go to third party only and take the risk of damage to your car yourself). Don't blame the insurance companies and certainly don't lie.

epsilondraconis

Why not go through one of the cashback sites such as Quidco, Topcashback etc. You will then be able to receive cashback as a result of linking via that site.

C_Ronaldo

Dont tell lies, be honest and it wont come back and get you when you dont expect it