When choosing an insurance policy, there is one policy that’s better than all the rest. Honesty really does have to be the best policy and you need to tell your insurance firm everything they need to know. Not only will this prevent you losing out when they decide not to cover you, you may also have lower premiums as a result.
If you are taking out car insurance, you need to be open about your past experiences. This will include any previous convictions or driving offences as well as claims made in the past. You may think that all of this is a little superfluous but the insurance firm must assess their likelihood of you making a claim on the policy they offer.
All modifications and performance enhancers should also be declared when buying car insurance and all other details should be filled in with 100% accuracy.
As far as health and travel insurance are concerned, all health details that may be of any concern, no matter how slight, must be declared. Even though this may result in higher premiums, you cannot lie about underlying health issues that may arise in the future. You must give them all the information they are asking for and this often includes conditions that run in your family.
Home insurance tends to be affected more by location and type of house but make sure you mention all safety features that you have installed as this may keep your premiums down.
You have to declare anything that the insurance firm asks you. If you fail to do this then you could easily make yourself liable for fraud, if you knowingly lied, or otherwise the insurance firm will simply not pay up. Insurance firms will try as much as they can to avoid paying out and thus you really have to be as honest as possible. Don’t give them any reason to withhold your claims. If in doubt, I would suggest you ring your insurance firm and let them know anyway, if you take this line then you will not be the one to pay the consequences.
