Whether you intentionally pad the bills you or the contractor sends to the insurer, otherwise you lie and say there is no money left over, it is thought-about insurance fraud. Insurance fraud is a serious crime, and if you’re caught, you could face prosecution and a fantastic or jail time. Additionally, your policy will doubtless be canceled, and you might get blacklisted from shopping for other insurance insurance policies in the future.

Can the particular person accumulating the money later call insurance company and even demand more cash after we now have signed documents to settle with out an insurance company. Remember, you don’t wish to get into legal bother since you decided to save lots of somewhat cash on insurance. Yes, insurance coverage can be expensive, but so can the legal penalties of not following the regulation. If you’ve any doubt, undergo the insurance firm so as to shield …