Lying on insurance forms can come back to haunt you

Lying on an insurance application can be an expensive mistake.

And yet, it’s one plenty of people make. A new survey of more than 3,000 consumers from insurance marketplace CoverHound.com found that 51 percent of auto insurance applicants don’t tell the truth. Men and women are equally likely to provide incorrect information, the site found, while millennials are more likely to lie than Gen Xers or baby boomers.

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