Not telling your insurer everything - Automobile - Did you know... - Prevention | Infoinsurance.ca

Did you know...

Not telling your insurer everything

Looking to save money by not telling your insurer everything?

Hoping to save money, you "forget" to tell your insurer that your 17-year old now drives your car. Or you don't tell him that you use your car to drive to work and back.

Bad decision. This kind of information has a direct influence on the likelihood of having an accident and, consequently, on the risk you represent. By choosing to hide this information from your insurer, your run the risk of not being indemnified should you have an accident, or of just being partially indemnified.

Looking to save money? Choose instead to raise your policy deductible and shop around for insurance. And most importantly, drive carefully.