Why Do Car Insurance Companies Refuse To Pay Some Claims?
Sometimes, the car insurance companies may refuse to pay off one of your claims or may agree to pay only a percentage of the total expenditure. Some among the various reasons for the same are as follows: • In case of theft, the insurers may think, that it was entirely your fault. • The policy does not include a clause to pay off that particular claim. The same may be covered under another policy. • The information that you provided about the claim or the policy is false. • You may not have receipts supporting the possession of some of the expensive devices that you have lost. For example, a laptop. • There may be a significant reduction in the claim, if the car is classified as the one costing only a few hundred pounds, even when it had a historic value. The car insurers expect you to follow the policy of ‘utmost good faith’ i.e. you should inform the insurers about every details of any modification in the car that may be of some importance to them. They will not make any separate requ
