Misrepresentation

Misrepresentation occurs when incorrect, incomplete, or misleading information is provided to an insurer during the application or renewal process. Examples include under-reporting turnover, misstating past claims, or failing to disclose work activities. Such misstatements can lead to reduced payouts, cancelled policies, or claim denial. For tradies, accuracy when declaring tools, work types, and subcontractors is critical. Being truthful ensures fair pricing and full protection under the policy.

Misrepresentation occurs when incorrect, incomplete, or misleading information is provided to an insurer during the application or renewal process. Examples include under-reporting turnover, misstating past claims, or failing to disclose work activities. Such misstatements can lead to reduced payouts, cancelled policies, or claim denial. For tradies, accuracy when declaring tools, work types, and subcontractors is critical. Being truthful ensures fair pricing and full protection under the policy.