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While many believe that honesty is the best policy, a recent Finder.com study found that many auto insurance applicants lie in hopes of saving money. The data revealed that 35.8 million Americans across all demographics fib to insurers for lower auto rates.
That number is up sharply compared to a 2020 Finder survey, which found that 11.8 million weren't truthful when applying for auto coverage, a 204.8% increase. In this article, we'll review what the new data showed are the most common lies and the gender, age and location of the consumers telling them.
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