3 ms·
That is fraud unless your insurance explicitly covers new purchases without first being informed. That is far from a given.
by mikeash 8y ago
That is fraud unless your insurance explicitly covers new purchases without first being informed. That is far from a given.
- AnthonyMouse 8y agoIf you buy on credit and call the insurer to notify them while you're still in the store and they unexpectedly refuse, it's hard to call that fraud when the store can just take back the product before you even leave with it.
- mikeash 8y agoIf you state it as “I have insurance coverage” rather than “I should be able to obtain coverage immediately” then I don’t see how that’s not fraud. There’s no legal principle that you’re off the hook if your crime doesn’t succeed.
- AnthonyMouse 8y ago> If you state it as “I have insurance coverage” rather than “I should be able to obtain coverage immediately” then I don’t see how that’s not fraud. But the second one is the one that applies to a future product you haven't actually provided yet.
- mikeash 8y agoI don’t think so (for example, my car insurance automatically covers a new car I buy without the need for immediate notification) but even if so, that’s all the more reason why the first statement is fraud.