Forum Discussion
DownTheAvenue
Feb 26, 2020Explorer
As an attorney (insert attorney joke here), I can tell you failure to answer any question truthfully on a loan or insurance application is fraught with dangers for you. Of course, if they don't ask, then as Bill Clinton said, don't tell! With the loan application, if a loan is granted on false information, the lending institution has the right to call the loan immediately due. If you cannot pay the loan off, they will repossess the RV. On an insurance application if insurance is granted on false information, the insurer can refuse to pay a claim even if the premiums are fully paid. The insurer can also immediately cancel the insurance once they discover the falsehood and refund any balance paid.
Your best policy is be completely truthful with any questions asked.
Your best policy is be completely truthful with any questions asked.
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