Insurers Discover Some Drivers Insure their Cars as Farm Equipment to Save Money

Believe it or not, there are people out there that are so desperate to save money on new car insurance that they’re taking to registering their expensive luxury vehicles as “farm equipment” to take advantage of discounts. But before you get any ideas about trying to represent your Honda Civic as a John Deere tractor the next time you get an auto insurance quote, you’d better read the rest of this article.

The fact that we’re even talking about it should tip you off to the fact that insurance companies are finding out about these insurance deceptions, and taking steps to snuff them out. Just don’t expect to see your local insurance agent following you around in public – these investigations are performed by third party verification companies that work on the behalf of car insurance providers, and the things they’re discovering are enough to illicit laughter or tears, depending on which side of the situation you’re on.

Even though the majority of us reading this would never think to go to these measures, the following admonition bears saying: if you think that you can get away with misrepresenting your car’s use just to take advantage of minor discounts, you’re mistaken. Keep this in mind the next time you get an auto insurance quote, and always be completely up front about both your record and how your car is used. Saving a little bit of money in the short term isn’t worth the risk of being hit with insurance fraud. That’s one bit of wisdom that you can take to the bank.