Zero2Turbo
    Facebook Twitter Instagram
    Facebook Twitter Instagram RSS
    Zero2Turbo
    • Home
    • Contact
    • Videos
      Featured

      McMurtry Fan Car Grabs Goodwood Hill Climb Record, Road Car Planned

      By Zero2TurboJune 27, 2022
      Recent

      McMurtry Fan Car Grabs Goodwood Hill Climb Record, Road Car Planned

      June 27, 2022

      The First-Ever BMW M3 Touring Is Finally Official

      June 22, 2022

      Watch The BMW M3 Touring Grab The Wagon ‘Ring Record

      June 20, 2022
    • South Africa
    • Zero2Turbo Telegram
    Zero2Turbo
    Home»Zero2Turbo»Lying On Your Car Insurance? Think Again
    Zero2Turbo

    Lying On Your Car Insurance? Think Again

    By Zero2TurboAugust 11, 2017Updated:October 11, 2017No Comments
    Facebook Email Twitter LinkedIn Telegram WhatsApp
    Share
    Facebook Email Twitter LinkedIn WhatsApp Telegram

    Would you lie on your insurance claim to reduce the price? If you said yes, you aren’t alone. Surprisingly, about a third of people surveyed admitted to lying to their insurers. So, if everybody’s doing it and paying less, shouldn’t you be doing it to? It would be great if you could just make up a load of information and get cheap insurance without any repercussions, but you can’t. If you’re still thinking of trying to lie on your insurance claim, these are the reasons that you shouldn’t.

    They Will Find Out

    You might think that you’re being really clever but when you lie, the chances are that the insurance company is going to find out. Any kind of driving conviction is going to make your insurance shoot up so it’s tempting to just leave that bit out of your application. It’s illegal to do that so if you get found out, you’re going to be getting charged with fraud. The thing is, it’s pretty easy to find out. There are DUI Record Search websites online where anybody can easily find out if you’ve had a conviction for drunk driving in the past. It’s just as easy for the insurance company to find out if you’ve got speeding tickets or parking violations and you can be sure that they’ll check those.

    The Lie Will Get Bigger

    People think that you just tell a white lie on the application and that’s the end of it. But those lies will come back to haunt you later on if you need to make a claim. Say you’ve lied about parking your car inside a garage instead of out on the street. You’re less likely to have the car stolen from inside a garage so it’ll cost you less to insure, but what happens if your car does actually get stolen. You’ll have to lie again and say that it was stolen from inside the garage, otherwise, you won’t get a payout. That’s a serious fraud and it means having to tell another load of lies or admitting you were fraudulent on the application. Are you going to fake a break in on your garage, if you even have one, or are you going to own up to the lie? Either way, you’re in big trouble.

    One of the most common ways that people get found out is ‘forgetting’ to add drivers to the policy when they’re using the car. If they aren’t insured and they hit somebody, you either tell the insurance company that they were driving uninsured which will make it harder for them to get cheap insurance, or you lie and say somebody else was. The more lies you end up piling on, the worse it’ll be when you inevitably get rumbled.

    When the insurance company find out, they aren’t obliged to pay for your repairs, or any of the cars that you hit. That means you’ll be footing the bill for all of that, and they’ll probably cancel your policy as well. So, instead of having your repairs covered, you end up paying everybody’s and buying a new car insurance policy. Doesn’t sound like you’re saving money to me.

    It Makes It More Expensive For Everybody

    Insurance companies lose a lot of money every year because of fraudulent claims and it’s one of the reasons that prices are so high in the first place. Figures from 2008 estimated that insurance companies lost $15.9 billion to lies on insurance claims and applications. To make up for that shortfall they’ve started increasing their prices. If you lie, you’re adding to that problem and making the prices go up year on year so the saving that you made last year by lying is now cancelled out by your increased rate this year.

    Bending The Truth

    While you can’t lie outright on your insurance claim to reduce the cost, you can bend the truth in a few ways. There are some pieces of information on the application that you can change in order to reduce the price without actually lying. When it comes to putting your job description in, you pay different prices depending on how you phrase it. If you write chef, for example, you’ll pay more than kitchen technician. This is actually a legitimate way of bending the truth to reduce your bill because you aren’t actually lying.

    There are ways that you can cut your insurance bill but lying isn’t one of them. It’s’ just going to land you in a whole lot of trouble and cost you more money in the long run when you fail to make a successful claim.

    Share. Facebook Email Twitter LinkedIn WhatsApp Telegram
    Previous Article2006 Mercedes-Benz S65 AMG Sells For 2% Of Original Price
    Next Article This Aston Martin DBR1 May Sell For $20M At Pebble Beach

    Related Posts

    BMW M Fest Returning To Kyalami from 15 to 16 October 2022

    July 5, 2022

    6 Tips to Stay Safe On The Road

    July 1, 2022

    A Quick Guide to Car Batteries

    July 1, 2022

    Bugatti Asprey “La Voiture Noire” Sculpture and NFT Sold For R7.5 Million

    July 1, 2022

    BMW M4 Competition xDrive Hits 60 MPH In Ridiculous 2.8s

    June 29, 2022

    2035 Sees Sales Of New Combustion Cars Banned In The European Union

    June 29, 2022

    Leave A Reply Cancel Reply

    Popular Posts
    • BMW M4 Competition xDrive Hits 60 MPH In Ridiculous 2.8s
    • 2035 Sees Sales Of New Combustion Cars Banned In The European Union
    • 1,250 HP Red Bull RB17 Hypercar Coming 2025
    • Limited BMW 3.0 CSL Hommage Car Is Happening – First Official Teaser Released
    • New BMW M5 Touring Rumoured To Enter Production In 2024

    Latest Instagram Photos
    • Mercedes-AMG GT Black Series P One Edition snapped at the Franschhoek Motor Museum.

This indicates that the owner has a Mercedes-AMG One hypercar on order. Let's hope it makes its way to SA!

Video via @nicholas_2705 

#ExoticSpotSA #Zero2Turbo #SouthAfrica #MercedesAMGGTBlackSeriesPOneEdition #POneEdition #GTBlackSeries #Franschhoek #FranschhoekMotorMuseum
    • The very rare and rather special Jaguar XKR-S GT made an appearance this weekend in Pretoria. This is the ONLY one in SA 🇿🇦

Snapped by @car_love_s.a 

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Jaguar #XKRSGT
    • #FrontEndFriday from @bmwbryanston 😎

Are you an X3 M Competition or X4 M Competition person?

#ExoticSpotSA #Zero2Turbo #SouthAfrica #BMWBryanston #X3MCompetition #X4MCompetition #BMWX3 #BMWX4
    • Caption this... 😋

#ExoticSpotSA #Zero2Turbo #SouthAfrica #BMWi8 #HighlighterYellow #What3Series #PolarOpposites
    • Aston Martin calls it the 'fastest luxury SUV in the world' and 'the supercar of SUVs' but is the DBX707 worth all this hype?

It is the fastest and most powerful SUV you can currently buy (order) in SA so there is that but the reality today is that the 707 will have to dice with the Urus, the Bentayga Speed, and the Cayenne Turbo GT for hearts, minds, and wallets.

Aston estimates 65% of DBX sales going forward will be this 697 hp (520 kW) and 900Nm variant and after driving it, this might be an underestimate. If the regular DBX is in your price range, then you can almost certainly afford a DBX707.

It can hit 100 km/h in 3.3s and go to a ridiculous 310 km/h so, of course, it is properly quick but it is just as impressive when the roads get twistier and it instils an enormous amount of confidence in the driver.

If you fancy snapping up this contender for the Super SUV king title, you are going to need at least R5m making it significantly more expensive than the Lambo and Porsche counterparts but you will be driving something a lot more rare which could be the reason you hand your money to Aston Martin.

What do you all think?

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Z2TDriven #AstonMartin #DBX707 #AstonMartinDBX707
    • Mercedes-AMG GT R F1 Safety Car spotted at Zwartkops this weekend by @airaga95 

#ExoticSpotSA #Zero2Turbo #SouthAfrica #MercedesAMG #GTR #F1SafetyCar

    Follow Us

    Facebook Twitter Instagram YouTube RSS
    Designed by Zero2Turbo.

    Type above and press Enter to search. Press Esc to cancel.