Question
The Lies Told to Auto Insurers One in 10 Americans who have ever had car insurance (10%) have lied about their personal or vechicle information
The Lies Told to Auto Insurers
One in 10 Americans who have ever had car insurance (10%) have lied about their personal or vechicle information when purchasing a new policy, our survey found. People ages 18-34 are twice as likely as those 35 and older to mislead insurers (16% vs. 8%), and men are more likely to mislead insurers than women (12% vs. 7%).
10% of Americans who've had car insurance have interntionally given wrong information when purchasing a new policy. Here's what they did:
40% lowballed mileage
27% left a driver off the policy
20% misstated how the car would be used
13% provided a different ZIP code from the one where their car is stored
11% said a street-parked car was kept in a garage
10% claimed a discount that no longer applied
Note: Respondents were allowed to choose more than one option.
Explain how this could affect your car insurance premiums.
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