Why is it not advisable to hide facts from your automobile insurance company? Well, insurance is a contract of good faith and you are legally obligated to provide accurate information to the insurance company. This just happens to be the standard reason why you should provide accurate information. However, the practical reason of complete disclosure is that it will help you come up with suitable changes to your insurance policy to enjoy maximum coverage at minimum cost.
Car insurance quotes for automobile used for personal use will not apply if you utilize the automobile for commercial purposes. Does your full time or part time work involve the use of an automobile as an integral part of the business? Is it possible for you to do business without using the automobile? If yes, then you can insure the vehicle using personal coverage. On the other hand, if you cannot run your business without the automobile, the policy is automatically converted into a commercial policy.
Many persons make the mistake of hiding this fact and hoping that they would not be caught. However, insurance companies come up with all the pertinent questions when analyzing the claim. When you disclose that you were using the vehicle for work related purpose, you will automatically be pressed to disclose whether use of the vehicle was indispensable or not. Once this information comes out in the open, you will automatically lose the protection of your insurance policy.
How to tackle this problem? Well, most insurance companies will cover you provided you specify this information in detail in advance. Further, you may have to agree to minor restrictions on the policy in terms of value of coverage and the amount of material that can be loaded in the vehicle. The important point here is that you do not have to lie to enjoy affordable personal insurance even when you use your vehicle for commercial purposes. There may be additional restrictions but it certainly is not a deal breaker.
This is the reason why experts advise individuals to focus on the negotiation process after finding the cheapest car insurance quotes online. These points cannot be valued in terms of money but still have a huge impact on the overall insurance policy. Using online resources and finding the quote happens to be the first step. There are another negotiation processes that one must consider before the deal is signed.