We all are looking to find ways to save money. We don’t want to save money today by dropping coverages that we will need tomorrow. What is important and what are some ways to save money on auto insurance.
Most people agree that honesty is the best policy, but when it comes to filling out insurance applications, many consumers are willing to fudge the truth to get a better rate. According to a study from finder.com, an estimated 35 million Americans have lied on an insurance application.
Almost one in three (29 percent) of the people who have lied on an insurance application have done so for car insurance. That amounts to 10.2 million Americans who were willing to lie to get the best coverage for the road.
Following car insurance, false information is most likely to appear on applications for health insurance (22 percent), life insurance (21 percent), income protection insurance (8 percent), travel insurance (7 percent), home and contents insurance (7 percent) and pet insurance (5 percent).
More men lie than women, but women are more likely than men to lie on an application in five of seven categories: health insurance, income protection insurance, travel insurance, home and contents insurance and pet insurance. Men lead women when it comes to lying on car insurance and life insurance applications.
“Taking creative liberties on your insurance application may seem like an innocent white lie, but it’s actually considered fraud, and the repercussions can be serious. If found out you may be charged a higher premium, denied a policy or even charged with fraud, requiring you to pay a fine or even do jail time,” said Finder’s consumer advocate Rachel Dix- Kessler.
There are numerous ways to save money on car insurance. Let us help you with saving money on your car insurance. Call us at (317) 886-0081
Researching prices and finding deals can be a time-consuming process for many adults, which makes responsible spending a burden. While some big-ticket items can be rewarding, some bad purchases just won’t justify the price over time, no matter how much you try to rationalize the decision.
Applications are now open for the Governor’s STEM Team
Local high school students are encouraged to apply for the Governor’s STEM Team, which highlights the work of young Hoosiers in science, technology, engineering and math.
Those selected will receive a $1,000 college scholarship from Indiana’s College Choice 529 Savings Plan and letter jacket identifying them as a member of the team.
This is an exciting opportunity for students to represent our community and showcase their STEM talents.
Nominations will be reviewed by a panel of STEM experts, including teachers, college and university instructors, and staff from the Indiana Department of Education and the State Board of Education. Winners will be announced at a Statehouse ceremony in early May.
I encourage all interested students from our community to apply online before March 31.
Please share this opportunity with your family and friends, and don’t hesitate to email me at email@example.com if you have any questions.