Whilst insurance can be a great extra layer of protection for your personal assets, pets and trips, it’s still important to ensure that you’re aware of the terms and conditions and more importantly, the exclusions of your policy.
It was recently revealed in the news* that a police officer living in Slough stated on his car insurance policy that he lived in Chichester, West Sussex to reduce the cost. This resulted in him being fined £600 and was convicted of two counts of making a false statement in order to gain insurance between January 1st, 2017 and January 10th, 2018.
Finding affordable policies can be time consuming for some, which is why payingtoomuch.com was set up, allowing customers to search through our panel of insurers, giving you the option to choose affordable policies. A much better and law-abiding solution than lying on your paperwork to save money.
Here are a few examples of some ways that could invalidate your personal insurance.
- Lying about key details such as your address (As mentioned)
- Not informing your insurer about past accidents or violations
- Putting a lower risk motorist as the main driver and the real motorist as a named driver, called ‘fronting’
- Incorrectly estimating your mileage
- Driving with unsecured pets
- Letting others drive your car without cover in place
- Charging for lifts
- Not securing your home, such as leaving doors unlocked
- Leaving your home unoccupied for over 30 days
- Installing a cat flap without informing your insurer
- Getting a lodger without informing your insurer
- Renovation
- Overestimating the value of your contents
- Sharing holiday photos online
- Failing to call 999 during or following a break-in
- Omitting information about pre-existing illnesses or treatment
- Lying about the type of pet(s) you own
- Missing annual health checks or vaccinations
- Not informing your insurer when you move home
- Participating in excluded activities such as adventure sports without enough cover
- Misuse of drugs or alcohol
- Not disclosing pre-existing illnesses to your insurer
- Failing to file a police report following a theft
- Travelling to areas where the Foreign and Commonwealth Office (FCO) advise against travel
- Asking a stranger to take your photo
- Leaving valuables behind at the poolside
- Using your hotel’s storage room
At payingtoomuch.com, we’ll work with you to ensure that you’re covered for what you need, whilst making you fully aware of any exclusions your policy stipulates. Find out more and call one of our friendly team on 01243 784000. Compared, covered and confident.
(*News article from Chichester Observer 22/01/2019)
