What does non-disclosure mean?
Non-disclosure could be due to miscommunication – and may be as simple as forgetting to declare a claim you made a couple of years ago. Insurance providers can validate policyholders’ claims history and check records of reported incidents using the central insurance database known as CUE. So, if you’ve genuinely forgotten to mention something which is revealed, your policy can be cancelled for failing to declare relevant information.
Insurance is all about risk, and prices are based on your individual circumstances. So, if you’re a high-risk candidate who’s made claims in the past, your premiums are going to reflect this. It’s imperative to tell your insurance provider about any previous claims and incidents. You’ll usually be asked about driving convictions and claims so answer honestly – it pays to be upfront in the long run.