Never Shade The Facts on Your Insurance Application

A discussion group currently includes a question about an application where the age of the roof was misrepresented. The agent asked if such could void coverage.

The answer is, “Of course it can!”

Insurance companies issue policies based upon the information they are provided. If that information is materially wrong there is an impact on the desirability of the risk and the price charged.

You can not guess or lie on an insurance application (I can’t believe I have to actually write this).

Of course if you say the roof is 8 years old and it is really 10 the claims adjuster will have a tough time justifying a denial of coverage. However, the difference between a 15 year old roof and a 22 year old roof is substantial.