Fraud Copy

When good faith is compromised, it is considered fraud. Some examples include:

• Concealment — Withholding or hiding material (important) information;
• Intentional misrepresentation — Purposely lying or misstating the facts when making a representation; and
• Breach of warranty — Intentionally lying or misstating the facts when making a warranty.

If an insurer is able to prove that an insured committed fraud, it may be able to deny the payment of a claim for a loss.