MYTH: It's difficult to get paid for a claim.
FACT: Home, auto and business insurers wrote cheques for more than $20
billion in 2005 to help Canadians get the care they needed, to replace
lost income, and to repair cars and other property.
MYTH: You'll always get less than you ask for, so inflate your claim.
FACT: Inflating an insurance claim is a crime. Insurers will pay you
for your losses according to the terms of your policy (levels of coverage,
deductibles, etc.). Your adjuster may scrutinize your receipts and the
other details of your claim to ensure you are getting the appropriate
value and service for the policy you purchased. Insurance crime (e.g.,
inflating the cost of a claim) increases insurers’ claims costs
and, ultimately, costs every policyholder in the form of increased premiums.
Insurance Myths