Exaggerated home insurance claims are costing every home around £13 a year on their home insurance premiums, AXA has claimed.
Research carried out by AXA among insurance brokers reveals that one in three are seeing more exaggerated claims than a year ago.
Similarly, research carried out by OnePoll among 2000 UK adults in February 2011 suggested that around 8% of claimants have added an average of £2,898 to the real cost of their claim.
AXA’s research showed 36% of people would be likely or very likely to consider exaggerating a claim if they were to make one, while 47% believe it’s either fair game or at worst “not too bad”” to tell a few white lies when making an insurance claim.
