7 Cases Might Invalidate Your Car Insurance Policy

Updated On: 2021-08-03

Author : Team PolicyBachat

Invalidate Your Car Insurance Policy

You may be wondered why your car insurance get to throw out? The fact relies on honesty in procuring information at the time of acquiring information. To state simply, dishonesty is the insurer last factor in dropping your insurance claim.

Common factors where policyholders unintentionally invalidate their car insurance claim:

Misplace in neighboring state: Policyholder intentionally claims that he’s residing in neighboring state to claim lower car insurance premium of that particular state. In this case, an insurance company can invalidate your policy and is void on grounds of distortion.

Misrepresentation: Misrepresenting yourself that you reside in the rural areas where actually you live in a metro city. Rural areas draw less insurance premium compared to metro cities due to risk factors involved in cities. Here, the policy is void.

Restricted acts: In abrupt economic fluctuations, people try to evade their car loans by hitting fire to their own car. If you are proven guilty, you may also be sentenced to jail and your claim lapses.

Fictitious act: Another way to dodge from car loan is creating fake theft of your vehicle. When you file the insurance claim regarding, insurer prosecutes the case to conclude the fact. If policy-holder find culpable, he should face severe offense by an insurer.

Factual claims: Policyholder need to file the accurate claims for the specific damages, should not include other repairs to avoid your additional expenses. This attitude makes your whole claim to be invalidated, ensure the rightful claim for damages.

Modified Cars: Are you dipping your inspection to get saving on premium ignoring your modifications?

Ensure to check with your insurance company before “suping-up” your car engine for extra performance. Altering your engine speed, mac-wheels, bodywork without intimating insurer will result in void policy.

False declaration: Your daily driving capability from office to home is 30kms and disclosing 500 km's per annum is a false representation to reduce the car insurance premium. This false declaration will affect your ability to claim car insurance policy online.

Car insurance policy may be expensive, but making false representation leads to invalidation of policy. Get assistance from PolicyBachat.com for hassle-free claim settlement for car insurance renewal online.

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