Many drivers 'admit lying to insurers'

A price comparison site is wondering if the rising cost of motor insurance is to blame for an "epidemic of lies".

According to Confused.com, 32 per cent of women and 46 per cent men have admitted to lying to get a cheaper premium on their vehicle cover.

The facts most likely to be bent relate to the annual mileage of the vehicle (14 per cent of lies told), where the car is kept (eight per cent) and the car's value (seven per cent).

The comparison site's head of motor Will Thomas says that there really is no point lying to a motor insurer, as the policy will be invalidated.

"Whilst it's easy to think you will never be caught out, insurance companies are getting savvier, particularly in these hard financial times, and lying is a type of fraud," he added.

Defaqto recently urged drivers to look deeper into car insurance policies, rather than just going for the cheapest option.