Quote:
Originally Posted by retiredguy123
Really? What law says that someone can buy an insurance policy and lie on the application, and the insurance company has no legal recourse but to pay whatever claim is filed? I think insurance companies may pay small dollar claims. But, if you file a large claim, the company has insurance investigators who will do everything they can to protect the legal rights of the insurance company. If the policyholder lied on the application, the company can and will deny the claim.
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Auto insurance is different than if u lied about your house or business and it burnt down.
Auto insurance doesnt only protect you but protects others if u are negligible.
Simply think.