Can I lie to get cheaper car insurance?

Asked by: Sydnee Renner  |  Last update: November 6, 2022
Score: 4.8/5 (2 votes)

Lying on your application is considered to be fraud, no matter how mild it may seem. The consequences can be as small as being dropped by your insurance company, or as big as owing thousands of dollars for damages after an accident because you're denied coverage.

Can you lie when getting car insurance?

For starters, if you are caught out, perhaps because your car is involved in an accident and the false information you gave comes to light, it will cost you dearly. Your insurance company may refuse to pay out or even seek to recover damages from you. You will also be blacklisted by other insurance providers.

What happens if you lie on your insurance policy?

At best, you will have to remember your lie the entire time you are dealing with your insurer. They will most likely record calls and other interactions with you to uncover any discrepancies in your claim. At worst, you could face criminal penalties leading to fines and even jail time.

How can I lower my car insurance fast?

Listed below are other things you can do to lower your insurance costs.
  1. Shop around. ...
  2. Before you buy a car, compare insurance costs. ...
  3. Ask for higher deductibles. ...
  4. Reduce coverage on older cars. ...
  5. Buy your homeowners and auto coverage from the same insurer. ...
  6. Maintain a good credit record. ...
  7. Take advantage of low mileage discounts.

Can I get a lower rate on my car insurance?

The best ways to lower your car insurance premiums are to compare prices among insurers, take advantage of all the discounts you can, and adjust your coverage to fit your budget. Drivers can save an average of 64% by switching from full coverage to minimum coverage, for example.

How to get lower car insurance rates | 11 Ways to get cheaper car insurance

43 related questions found

How do you ask for a lower premium?

Hello, my name is ____ and I've been a policyholder with you since [date]. My circumstances have changed and I feel that I'm paying too much for my auto insurance every month. I'd like to lower my auto premium because of [reason, such as lower mileage, financial struggles, etc].

Can you negotiate with your insurance company?

Negotiate with your insurance adjuster

However, if you feel that the offer for your vehicle's value is too low, you can begin negotiating with your claims adjuster. If you decide to negotiate, you may want to be prepared to show how you came up with your desired payout number.

Why is my car insurance so high?

Common causes of overly expensive insurance rates include your age, driving record, credit history, coverage options, what car you drive and where you live. Anything that insurers can link to an increased likelihood that you will be in an accident and file a claim will result in higher car insurance premiums.

Is it more expensive to insure a new or old car?

Due to their value, cost to repair, risk of theft and other factors, it may cost more to insure a new car versus an older one. If your new vehicle is financed, your lender will likely require you to carry more insurance than the legal minimum, which typically results in higher premiums.

How can I save money on my car insurance?

Auto Insurance
  1. Shop around for your car insurance.
  2. Compare insurance costs before you buy a car.
  3. Raise your deductible.
  4. Reduce optional insurance on your older car.
  5. Bundle your insurance and/or stick with the same company.
  6. Maintain a good credit history.
  7. Take advantage of low mileage discounts.
  8. Ask about group insurance.

Do people lie on insurance applications?

According to a study from finder.com, an estimated 35 million Americans have lied on an insurance application. Almost one in three (29 percent) of the people who have lied on an insurance application have done so for car insurance.

Do car insurance companies check your license?

The simple answer is yes. You cannot avoid having your driving record checked if you want auto insurance. The company will ask for your driver's license number and get your records based on you as an individual, not based on the vehicle's. Your driving record follows you, no matter how often you change your cars.

Do people lie on their insurance?

2020. Honesty is the best policy. But not all Americans believe it gets them the best insurance policy, according to a recent study from finder.com. Roughly 11.8 million American adults admit to lying to their insurer, which equates to about 4.61% of Americans.

Can I lie and say I don't have insurance?

Lying to your insurance company can get you into big trouble. Even if the lie seems small, it's insurance fraud. You are knowingly deceiving your insurance company to benefit, which can result in jail time, fines, and license suspension.

Can I lie on an auto insurance quote?

Is It Illegal To Lie To An Insurance Company? Yes, lying to your insurer is a form of fraud. If you lie to an insurer your claim can be denied and your policy can be cancelled. You can also face additional legal issues, charges, and fines.

What should I not tell about car insurance?

Avoid using phrases like “it was my fault,” “I'm sorry,” or “I apologize.” Don't apologize to your insurer, the other driver, or law enforcement. Even if you are simply being polite and not intentionally admitting fault, these types of words and phrases will be used against you.

How long should you keep full coverage on a car?

The standard rule of thumb used to be that car owners should drop collision and comprehensive insurance when the car was five or six years old, or when the mileage reached the 100,000 mark. (Plenty of websites weigh in on this.)

Should you have full coverage on a paid off car?

Drivers that paid off their loans are no longer required to carry full coverage. If their budgets had been strained due to paying for full coverage, then they should decrease their coverage and premiums. Drivers can support the costs of a replacement.

Why did my car insurance go up $100?

Claims in your area

If your city has a high rate of theft, accident, and weather-related claims, it becomes riskier for an insurance company to cover drivers in your area. That risk can lead to an auto insurance price increase, even if you have a perfect driving record.

Does insurance go down after a year?

How much will my car insurance go down after 1 year? That depends entirely on you and your driving. If you've banked one year of no claims, its likely your insurance premium will be lower after twelve months, provided no other circumstances have changed.

Does car insurance get cheaper every year?

When do car insurance premiums go down? From ages 16 to 25, your car insurance rates will steadily go down for every year that you keep your driving record clean. Car insurance rates go down at age 25 by a large margin. Rates then decrease slowly but surely until age 65, before increase again.

Why do insurance companies lowball?

Lowball offers occur when an insurance company offers less for a claim than you reasonably need to secure compensation for your medical bills, lost wages and other covered damages. Many companies in the insurance sector claim they do not lowball.

What should you not say to an insurance adjuster?

Never say that you are sorry or admit any kind of fault. Remember that a claims adjuster is looking for reasons to reduce the liability of an insurance company, and any admission of negligence can seriously compromise a claim.

Is Progressive cheaper than Geico?

Progressive pricing. Both Geico and Progressive offer cheap car insurance to drivers across the country. Geico's rates are typically lower overall, but Progressive tends to offer better prices to those with a recent DUI, at-fault accident or speeding ticket on their driving record.