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There is a penalty for misrepresenting information requested on an application for insurance. When you sign the application you are certifying that the information you provided is true. If the company determines that you lied, it won't pay the damages and may prosecute you for fraud. The fine can be expensive.
You must pay a fine.
Jail
Grand Theft AutoThe penalty is usually about 5 years in Prison.
depends on how bad the person lied
It is fraud and stealing so that means prison time.
Penalty for Insurance FraudFine? Perhaps you meant to ask what is the Penalty for Insurance "Fraud"? Most US states hand out terms of up to 20 years in Prison for insurance fraud. It is a Felony. Should the fraud have cost the Insurance Company or some other driver to suffer a financial loss, Then you as the Defrauder would also be financially liable to those parties.Basically the Illegal alien friend if not named on the policy as an Insured driver is "Un-insured" regardless of immigrant status. An Insurance Company does not have to pay a claim or loss that is the result of fraud.
You will go to jail Martin.
This is a fraud company ... be aware of this.
Yes, it is a fraud company. It makes a lot of promises to me and taken loney from me but not giving any reply after that. Very fraud company. Please all friends be careful about that.
It is fraud. Depends on what country you are in.
WHAT IS THE BENEFIT FOR THOSE PEPOLE TO ANNONCE A FRAUD COMPANY??