Warning over rise in Aussies lying on insurance forms

Insurance lies in application can backfire when it comes time to make a claim. Cash strapped Aussie households have been staking their financial future on a web of lies that could easily unravel with devastating consequences, new research shows. The polling by comparison group Finder revealed that Australians have been increasingly lying to insurers to get cheaper premiums, with one in four households admitting they’ve lied on applications. Finder insurance expert Ceyda Erem said those who were lying to insurers in the hope of saving money on their premiums could end up paying much more. “Everyone is looking for ways to cut household costs, but insurance is one area where cutting corners can seriously backfire,” she said. MORE: ‘Costs too much’: New rules planned for Aus renters A rejected claim can mean having to fund a repair job directly. “A few dollars saved on a premium isn’t worth it if inaccurate information gives your insurer grounds to reduce or reject a claim when you need help most. Most of those bending the truth when taking out or renewing their policies said they omitted key information or exaggerated, according to Finder’s 2026 Household Report. Home security was the...