ABOUT a quarter of motorists would be prepared to lie to insurers to keep their premiums down, it has been disclosed. As many as 28% said they were prepared to withhold information about their exact mileage, a survey by insurance information company Gocompare.com showed. And 22% would consider lying about exactly where they parked their car, with 10% prepared to be less than truthful about whether their vehicle was used for work.The survey of 1,510 motorists also showed that a number of drivers would cut back on some insurance "extras", with 57% prepared to forego a courtesy car, 40% breakdown cover and 36% legal expenses cover. Nearly two in three of those questioned said they were trying to beat the recession by using their cars less and driving in a more fuel-efficient manner. Gocompare.com chief executive Hayley Parsons said: "On the one hand, it is understandable that motorists are economising by driving more efficiently, but it's worrying that so many are considering such a risky approach to saving money as withholding information from their insurer.
"With people feeling the effects of the recession, everyone is looking to save on their outgoings. The important thing to remember is that while it might be tempting to alter certain details or omit key information, this is treated as fraud by insurers and could result in your policy being invalidated."
news source : http://www.motorstoday.co.uk/
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