Insurance Fraud

kingstreet

I was just having a gander at Esure's current policy booklet for something else and this is what they say;-

8. Your duty of disclosure
You must tell us immediately if any of the following happens:
• you change your car
• you make modifications or changes to your car which improves its value, performance, appearance or attractiveness to thieves. This includes, but is not restricted to, changes to the engine, engine management or exhaust system, changes to the wheels or suspension system, changes to the bodywork, such as spoilers or body kits or changes to the windows, such as tinting
• you want to use your car for a purpose not included in your Schedule
• you become aware of any medical or physical condition of any driver covered by your policy which may affect their ability to drive
• you or any other driver covered by your policy are convicted of a motoring offence other than fixedpenalty parking offences or is banned from driving
• you or any other driver covered by your policy is involved in an accident whilst driving another vehicle or suffers a loss, such as a theft, of any other vehicle or makes a claim on any other motor insurance policy
• you change the address at which you normally keep your car
• you or any other driver covered by your policy are convicted of any offence relating to fraud, arson or dishonesty
• you or any other driver covered by your policy change occupation
• you change your annual mileage.
• you or any other driver covered by your policy cease to be a permanent UK resident

It's down to the policyholder to read their terms and conditions. As with most things insurance, you can't rely on what someone tells you. Your policy may be different.

Strider590

rs65 wrote: »

Very poor advice from Martin.

My policy says to advise immediately of any changes to info given when taking the policy out. His advice could lead to a claim being turned down.

Wait just one second.......... Insurance companies don't like letting you know how much they're ripping you off.

Lets say you have a modified car, you call for a quote but tell them it's not modified, your quote comes out at £300. You then call them and confess to the shiny alloy wheels, they say "it's ok, no extra charge".
But if you'd gone to them and told them about these fancy wheels before the first quote, you can guarantee you'd be paying £500+.

Going to your insurer and telling them your now unemployed, would not ramp your premium as much as taking a new quote.

mikey72

Strider590 wrote: »

.................it's ok, no extra charge...............

Meanwhile, for those of us with insurance......

andygb

oldbuffer wrote: »

I saw Martin Lewis on TV this morning giving advice.
He said, "If you know you are about to be made redundent then insure your car quickly, being unemployed will increase your premium".

Its certainly dishonest and probably illegal. I dont think your claim would be paid if the insurance company found out what you had done.

If you are made redundant, then you are looking for work, and when the insurance company ask what you do then tell them, - what you work as - you may be signed up with agencies and will work the next week, it really does not matter.
Do you really think that people doing temporary work phone up their insurance companies every other week?:rotfl::rotfl::rotfl:

andygb

kingstreet wrote: »

I was just having a gander at Esure's current policy booklet for something else and this is what they say;-


It's down to the policyholder to read their terms and conditions. As with most things insurance, you can't rely on what someone tells you. Your policy may be different.

That is all well and good, but most people do not change professions when made redundant, they simply look for other work of the same kind.

mikey72

You're unemployed.

mikey72

andygb wrote: »

If you are made redundant, then you are looking for work, and when the insurance company ask what you do then tell them, - what you work as - you may be signed up with agencies and will work the next week, it really does not matter.
Do you really think that people doing temporary work phone up their insurance companies every other week?:rotfl::rotfl::rotfl:

Hopefully, you don't put full time employed if you're an agency worker. You put down what you do instead, and don't include commuting to a pemanent place of work either, or you'll be in for a nasty shock.