Ten Steps That Threaten Your Insurance Coverage.
Do not make a greater claim than if really the case (this is fraud).
It is estimated that fraudulent claims worldwide premiums by between 5 and 15 per cent increase. If you are caught, you're unable to obtain insurance in the future. Fraud also lead to criminal prosecution.
Disclose all material facts to the insurer.
Insurance is a contract of good faith between parties. The insurer trust the information is correct and according to that worked out a suitable premium. If you fail to provide or communicate the correct information information, the company can void your policy.
Do not insure your child's car in your name.
Policyholders under 25 pay higher premiums because the risk is greater. A parent who wants to reduce the cost of insurance by car (which is registered in the child's name) to ensure its policy act illegally on. The insurance must be in the child's name.
Previous claims.
A valid rybebys.
A valid driver's license is required by law for a person driving a car. If give a policyholder someone without the necessary license permission to drive the car, coverage may be denied.
Exercise due care in the day.
All insurance contracts stipulate that you must exercise due care in the day. You should take steps to avoid loss or damage as not to leave your keys in your car, or effects on the seat of the car. Serviced regularly your car to prevent an accident.
Do not drink and drive.
An insurer will show a demand of the hand if it is found that the driver exceeded the legal blood alcohol level and it leads to an accident. It is also against the law to drive under the influence of alcohol.
Security requirements.
If your company requires that your car must have an approved immobilizer or should be linked to a tracker, your insurer refuses the claim if it is not the case. The necessary proof of installation must be submitted to the insurer. In some cases, the company also claiming to be activated your car opsporing- device before you covered.
An unpaid premium.
Pay your premium when it is required. Make sure you have enough money in your bank account for the debit.
Unsafe vehicles.
If you have a car with slick tires and this leads to an accident, your insurer may not pay your claim. It is your responsibility to make sure your car's tires are in good condition.