one in four conceals changed circumstances from car insurers by Finance News Bulletin

Published: 06/12/07

One in four Britons has kept a history misdemeanour to themselves when it might have a negative bearing on their car insurance premium, according to price contrast site ConfusedcomOne in five said they would omit to mention that they had picked up points on their licence or been known motoring convictions in the past year when they came to renovate their ruleThree-quarters admitted they would not inform their insurer of a 'minor knock' to their means of transportation, while 68 per cent did not realise that a higher mileage could have an crash on their insurance status

Even a changed job title can "considerably affect" the quote insurers will give, stressed Confusedcom's managing director Debra Williams"If you are caught deceitful about your details, your insurer can decrease your pay-out and may even refuse to pay at all," she warnedBeing loose with the truth is not apparently connected to ignorance, with 96 per cent of drivers well aware that they could cancel any future claim by misleading their insurer when they obtain the first cover quote

In other news, Tesco personal finance this week launched a price contrast site, Tesco Comparecom, which includes a car insurance comparison facilityTerms of employ Advertising Resources Product guides Press releases About us

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