Tips to help complete an insurance application form
So you are finally faced with the task of filling out a car insurance application. Here are a list of tips to help you:
Complete the form fully. Even
if the car insurance representative tells you otherwise, answer all
questions fully and correctly. This is only way to protect yourself is
to provide full disclosure.
Watch out for open ended questions. Think
carefully before answering open ended questions for car insurance, such
as "Are there any other facts which are relevant and which should be
disclosed?" They may catch you out.
Be precise and complete. Be
precise when answering any car insurance questions that require
detailed information. If you cannot remember everything, you should
state this on the form, and if necessary, get the details later.
Provide extra information if applicable. If
you feel, that to provide full disclosure a closed question does not
fit your circumstances properly, include extra car insurance
information to describe your situation.
Read policy documents. While
it is boring to read the fine print, it is necessary. Carefully review
car insurance policy documents as soon as possible on receipt to ensure
the insurance covers what you expect.
Beware of clean sheeting
Insurance agents earn a commission when they make a sale. But if the
company rejects your application, the agent gets no commission. A
dishonest agent may tell you not to bother with all those pesky health
questions and leave blank spaces on the application. Later, you look
like the perfect applicant because the agent wrote answers to key
health questions in a way to get you approved. This scam is called
"clean sheeting." Sounds good... until the company decides to
investigate when you make a claim and discovers the truth.
Never sign a blank application!
Omissions, half-truths, and outright lies can come back to haunt you
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Reply #843 on : Wed December 07, 2011, 04:05:06
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Reply #842 on : Wed December 07, 2011, 03:44:26
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Reply #841 on : Fri December 02, 2011, 01:36:06
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Reply #840 on : Fri December 02, 2011, 00:17:22