Can insurance companies find out if points are not declared?

[TwigtheWonderkid]

knitware said:

A fair few still ask in relation to home insurance though (and equally IVA/Bankrupt type questions).

Why would previous money problems cause be of intrest to an insurance company, I've seen this asked in motor insurance quotes. Seems to be any reason to make a cheap £.

I can't possibly imagine. Most business love dealing with people who have a history of not paying their debts and/or financial mismanagement.

[Ninja59]

TwigtheWonderkid said:

I can't possibly imagine. Most business love dealing with people who have a history of not paying their debts and/or financial mismanagement.

Although if it was that important it would be in a motor quote as well, in my experience I have only seen it on home insurance quotes.

Saying that my insurer did want to know the mortgage provider as well as the status of whether it was mortgaged etc.

Equally I would say a lot of that information can come from a credit check anyway (even if only soft, however there are some exceptions as Aviva used to hard search people at point of quote even if they were not using monthly payment plans...crazy).

[Red Devil]

Oakey said:

Red Devil said:

Was your pal aware of the FOS view on this issue? See here - https://www.financial-ombudsman.org.uk/publication...

Are you aware that post 6th April 2013 under the Consumer Insurance (Disclosure and Representations) Act 2012 the insurer must ask all relevant questions in order to provide cover?

And if they don't? (as you specifically stated was the case in your earlier post).

The FOS position has not changed. See - https://www.financial-ombudsman.org.uk/publication...
In particular the bit in Section 4.17 about online applications.

[BertBert]

Red Devil said:

And if they don't? (as you specifically stated was the case in your earlier post).

The FOS position has not changed. See - https://www.financial-ombudsman.org.uk/publication...
In particular the bit in Section 4.17 about online applications.

I don't think 4.17 supports what you seem to be asserting. The questions have to be there and clear.
Bert

[anonymous-user]

If the question isn't asked it doesn't need to be answered.
The concept of "uberrima fides" is not longer relevant in consumer insurance contracts.

[Gribs]

Taglioni said:

I'd take a chance, insurance companies are very trusting and often give the benefit of the doubt

They are also very naive, don't talk to one another and are fairly dumb about using IT to track crafty rascals and scamps who play mischievous games

Give it a whirl. Fight against the system!
Show those nerds, suits and bread heads who calls the shots!

Is there any way they could find out about points legally without the licence holders permission? If permission was refused I'm guessing they'd refuse any payout to the policy holder and cancel the policy, but still be liable for 3rd party claims.

[ZOLLAR]

Gribs said:

Is there any way they could find out about points legally without the licence holders permission? If permission was refused I'm guessing they'd refuse any payout to the policy holder and cancel the policy, but still be liable for 3rd party claims.

If the policyholder/Named drivers breach condition of the policies then they have the right to recovery, so yes they’d deal with the TP then seek to recover those losses from the PH/ND.

[Oakey]

Red Devil said:

And if they don't? (as you specifically stated was the case in your earlier post).

The FOS position has not changed. See - https://www.financial-ombudsman.org.uk/publication...
In particular the bit in Section 4.17 about online applications.

If they don't then you can complain, you may or may not be successful depending how compelling your argument is.

[anonymous-user]

Oakey said:

If they don't then you can complain, you may or may not be successful depending how compelling your argument is.

It's absolutely clear that if they don't ask then you don't have to declare.
It was very big news in the industry when the change occurred