You may not think an error on your auto insurance application is a big deal, but the consequences
can be very costly. Giving inaccurate information on your application can lead to increased
premiums, policy cancellations or insufficient coverage in the event of an accident. Here are some
common mistakes to avoid when applying for auto insurance.

Not listing all drivers—Anyone who regularly drives your vehicle, even if it’s just for a short
period of time each week, should be listed on your policy.

Giving a false vehicle location—The difference between parking in one zip code versus
another can greatly affect the amount of coverage you need for your vehicle. Failing to report
your car’s true garaging location can impact the accuracy of your insurance quotes.

Not having insurable interest on the vehicle being insured– In order to insure a vehicle, you must be listed as a registered owner of the vehicle. A common misconception is that you can insure a vehicle for a family member or friend without being a registered owner of a vehicle; however, you cannot. If a claim is made on a vehicle without insurable interest, the claim can be denied leaving you without coverage for the vehicle.
• Not disclosing business uses—In some cases, you may need a specialized policy when
driving for business purposes or for a rideshare company like Uber or Lyft. Failing to disclose
the usage of your vehicle could lead to a lack of coverage following an accident.

Failing to update life changes—Changing addresses or adding drivers to your policy are life
changes that need to be updated on your policy. If you are not reporting these changes, you
may be overpaying for coverage, missing out on available discounts or jeopardizing your
insurance plan.

Be Honest to Avoid Consequences
Inaccuracies on your auto insurance application can end up costing you more money in the long run.
If you think that you may have given inaccurate or incomplete information on your auto insurance
application, contact HWP Insurance to update your auto policy and avoid any ramifications.

Contact us today for additional coverage guidance.