Quote:
Originally Posted by iandwk
We may deny coverage for an accident or loss if you or an insured person have knowingly concealed or misrepresented any material fact or circumstance or engaged in fraudulent conduct in connection with the presentation or settlement of a claim.
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Not trying to split hairs here, but I perceive a "material fact" or "have knowingly concealed or misrepresented..." to be IF [for example] they asked if my golf cart would go faster than 20 MPH and I said no, when in fact it would do 30, then I would have misrepresented or concealed a fact. It might only be a "material fact" if there is premium rates involved. A material fact is rather specific, whether it's insurance or insider trading.
A cart going 25 or 30 isn't an issue for me personally, since I don't believe that to really be unsafe anyway. Doesn't mean it's right or wrong, it's just the way I feel.