What is the felony for misrepresenting a motor insurance company next to wrong age?
i would like to know what i will be facing if iam caught,, i already know that the insurance woudnt pay for the luck but other then that what can happen next to the police and insurance company?
offence? court? points?
Answers:
Outside of insurance fraud, if the insurance company finds out that you have falsified an application for insurance, they can jump back to the date you started the policy and re-rate you from that time til now for vertebrae owed earned premium which could stack up quite hurriedly. You might then be facing collections if you cannot pay the earn premium, and if you cannot pay the premium you could face see for non-payment. You can also face the possibility of the insurance company also non-renewing the policy, even if you could pay packet back owed earned premium. Source(s): Insurance Agent
It could be considered insurance fraud.
Related Questions:
offence? court? points?
Answers:
Outside of insurance fraud, if the insurance company finds out that you have falsified an application for insurance, they can jump back to the date you started the policy and re-rate you from that time til now for vertebrae owed earned premium which could stack up quite hurriedly. You might then be facing collections if you cannot pay the earn premium, and if you cannot pay the premium you could face see for non-payment. You can also face the possibility of the insurance company also non-renewing the policy, even if you could pay packet back owed earned premium. Source(s): Insurance Agent
It could be considered insurance fraud.
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