Never Withhold Accident Information
Reporting an accident is never an easy proposition when you are shopping for new car insurance.
Any prospective insurer is going to want to know your driving history and coming clean is always the best thing to do. If you aren’t completely honest, you face significantly higher premiums when the insurance company finds out. There’s even a very good chance you could have your coverage dropped for misrepresenting yourself.
When you are applying for a new car insurance policy, you need make sure you mention all accidents you’ve been involved in regardless of who is at fault as well as any past claims you’ve made with prior insurers. Make sure you also mention any other infractions on your driving record.
Some estimates put the amount of people who withhold information at 20%. Many of these people believe that insurers won’t follow-through and check their records, particularly if the incident is minor. The fact is though, with so many DMV’s and insurance companies able to easily share information electronically, there’s no reason to think they won’t check.
In the event that an accident was minor or it happened many years in the past, some applicants might honestly forget or are not aware they must disclose such information. In these cases, it is always best to tell them as soon as you realize the error.
Keep in mind that the consequences exceed the benefits of withholding information and understand that drivers with at-fault accidents on their records have a moral obligation to report negative information on their driving record. Failure to do means that they get an unfair advantage over drivers who honestly report their driving records.