• Honesty is the best policy


    I’m constantly surprised at the number of otherwise scrupulously honest people I overhear suggesting to their friends or colleagues that they should distort the truth (to put it charitably) in order to get cheaper insurance cover.

    It seems a lot of people think it is ok to tell insurers that the main user of a car is someone older than the owner, or is female if that would suggest a lower cost.  Or perhaps to say the car is kept at a different address or that a house is never used for any business purposes.  Of course, European law may mean ladies will be soon be charged the same as men but the principle of distortion of the truth remains the same. Many years ago, it was routine for parents to insure an extra, often older, car with their teenage son or daughter as a named driver, thus avoiding hundreds and perhaps thousands of pounds in premiums. That was always a “dodgy” tactic but decades ago, trying to take advantage of insurers was not prosecuted, albeit you didn’t get a full payout if you were caught.
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