Review Of Lying About Mileage Car Insurance Reddit References. There's no way to deny a claim because the mileage is poorly estimated. When renewing my insurance, i am asked how many miles i will do.
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Often though the insurer can and will do their own calculation based off of public information. I know of one classic/antique auto insurance company that had a. These could be much greater than any saving you might have made on your premium.
When Renewing My Insurance, I Am Asked How Many Miles I Will Do.
Even if you were to lie abot your miles driven, these. If you truly believe that your actual mileage per year is significantly lower (like greater than a 25% difference) than their modeled value, you can perhaps petition them with proof of your. In essence, lying about your car mileage may end up badly for you.
Lying To Your Insurer Could Have Significant Financial Consequences.
When there was no way he could not. I’ve seen companies that don’t use annual mileage at all, to those that might utilize a threshold of 5,000 to 8,000 per year. What happens if i exceed the annual mileage on my car insurance?
The Worst Case Scenario Is That You Get Audited And They Correct The Policy.
I know of one classic/antique auto insurance company that had a. There's no way to deny a claim because the mileage is poorly estimated. These could be much greater than any saving you might have made on your premium.
He Told Insurance That He Didn’t Run A Red Light.
So i'm setting up the. Often though the insurer can and will do their own calculation based off of public information. My insurance agent is telling me that i get leeway of about 2,500 miles, but i find that hard to believe.
The Higher The Mileage, The More The Insurance Cost.
For the initial few months, you may be able to save on a few dollars here and there. But then, the insurance agent may catch. With insurance carriers that place a high value on miles driven, a person could initially lie and say they only drive 10,000 miles per year to receive an initial discount.
