According to a recent survey motorists are being more up front with the truth regarding their motoring insurance.
According to Confused.com fewer motorists are fibbing in regard to their details now as the cost of car insurance has gone up. In a poll carried out last year 78% of motorists admitted lying on their insurance in comparison to just 29% in this years survey. People lying about their mileage was the top omission, with motorists claiming that they covered less miles than was actually the case.
Around 20% of people in London admitted to lying on insurance applications.
The survey also showed that women were more honest regarding the history of their cars than men. The price of your insurance is no longer considered to be a primary concern when buying car insurance. This serves as a stark reminder to all of those purchasing car insurance in the future.
People are now paying higher premiums for their car insurance but this ensures that they get the correct cover for their needs and guarantees quicker processing time when making a claim. It is important to not mislead when applying for car insurance as a detail omitted at inception could lead to the validity of a claim being called into question at a later date.
‘Money High Street’ weighed into the debate with advice on the subject. Customers were advised to always look online when renewing their insurance and compare all the prices to find the best deals available. This will help to combat the ever raising cost of insurance premiums in the UK insurance market.