Applying for car insurance can be a daunting task. However, it doesn't mean it's not important. Here is an article by Jennifer Greenfield about this very important issue.
Auto Insurance Application Advice
Most people don't spend much time worrying about an auto insurance application; after all, it's just another in a long list of forms that we are required to complete. However, there are some important "dos and don'ts" when filling out the application. Auto insurance is essential and mandated by law, which gives the application some major significance. Here are five vital tips that consumers should know before they sign their name to any auto insurance application.
1 - The first, and most important tip - be honest! Being honest will allow your agent to find any available discounts and will prevent any potential issues if a claim is made. Lying on an insurance application can be a misdemeanor and you can be sure that insurance carriers will press charges if a lie is discovered. Though jail time is rare, fines, probation, and difficulties obtaining insurance in the future will usually be the result of the crime.
2 - Report all drivers for each vehicle. Having teenage drivers in the house substantially raises the premium. Some families may neglect to report a teenage driver if they only drive occasionally, but this creates a potential problem if something happens while the teenager is driving, even if it is the other driver's fault. It only takes one time for something to go wrong.
3 - Report the correct address. Some drivers attempt to write in a different address if they think it will reduce their rates. However, using your brother's address or your ex-girlfriend's timeshare as your address on an auto insurance application is a mistake that could become a crime.
4 - Report the correct mileages for each vehicle. If you are in an auto accident and the auto repair shop or the insurance adjuster notices a mileage figure that is significantly different than it should be, you may be in trouble. You can claim that you just drove across the country five times in the past month, but you better have proof if you make that claim. If caught in a lie, criminal prosecution may be in your future.
5 - Once you have made sure to be completely honest on everything - address, mileages, drivers, grades (for student discounts), and anything else asked in the application, it is important to keep your insurance carrier updated on any changes. If you move, buy a new car, have a new driver in the household, or change the daily miles you drive, let the insurance company know. Remember, honesty is the best policy for your policy!
Jennifer Greenfield is a writer on the automotive industry and auto related insurance. For more information on collision insurance and auto body shops Saugus in the greater Boston area, visit Final Finish Collision Center at http://www.finalfinishcc.com
1 - The first, and most important tip - be honest! Being honest will allow your agent to find any available discounts and will prevent any potential issues if a claim is made. Lying on an insurance application can be a misdemeanor and you can be sure that insurance carriers will press charges if a lie is discovered. Though jail time is rare, fines, probation, and difficulties obtaining insurance in the future will usually be the result of the crime.
2 - Report all drivers for each vehicle. Having teenage drivers in the house substantially raises the premium. Some families may neglect to report a teenage driver if they only drive occasionally, but this creates a potential problem if something happens while the teenager is driving, even if it is the other driver's fault. It only takes one time for something to go wrong.
3 - Report the correct address. Some drivers attempt to write in a different address if they think it will reduce their rates. However, using your brother's address or your ex-girlfriend's timeshare as your address on an auto insurance application is a mistake that could become a crime.
4 - Report the correct mileages for each vehicle. If you are in an auto accident and the auto repair shop or the insurance adjuster notices a mileage figure that is significantly different than it should be, you may be in trouble. You can claim that you just drove across the country five times in the past month, but you better have proof if you make that claim. If caught in a lie, criminal prosecution may be in your future.
5 - Once you have made sure to be completely honest on everything - address, mileages, drivers, grades (for student discounts), and anything else asked in the application, it is important to keep your insurance carrier updated on any changes. If you move, buy a new car, have a new driver in the household, or change the daily miles you drive, let the insurance company know. Remember, honesty is the best policy for your policy!
Jennifer Greenfield is a writer on the automotive industry and auto related insurance. For more information on collision insurance and auto body shops Saugus in the greater Boston area, visit Final Finish Collision Center at http://www.finalfinishcc.com
Source: EzineArticles.com.
Thank you Jennifer! That was an excellent article!
Nadav
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