How your insurance policy could be invalidated In our current climate of economic austerity, some motorists are tempted to misrepresent motor insurance details to save money.
This is one of many behaviours this guide details below which give insurers the option to invoke policy clauses invalidating your cover.
• Driving without glasses, where these are necessary to guarantee normal vision, can easily invalidate cover.
Cover would have been declined if we had been made aware of these at the time of purchasing your policy.’Note the use of the word, modification there? Anyway, back on topic and here are a few of the slightly less preposterous things you could do in your car which could see you having your existing motor insurance policy suddenly forfeited and not worth the paper it’s printed on: Very topical this one, however a flooded car warning is for life, not just for Christmas we’d like to point out – and ignore one at your peril.
Car insurance is a necessity for every Australian car owner but like applying for a car loan, offering misleading information could land you in hot water, and in this case invalidate your car insurance premium altogether.
In the year to March 31 2014, gross written premiums for domestic motor vehicles amounted to .87 million across the country, according to the Australian Prudential Regulation Authority’s March 2014 Quarterly General Insurance Performance Statistics.
In London, The Metropolitan Police has launched a ‘lock before you leave’ campaign urging Londoners to lock their doors and windows when leaving their home.
The campaign is in response to statistics that reveal over 5,000 homes were broken into last year by burglars simply walking through unlocked front doors.