Admiral is warning motorists to tell the truth to their insurance company or risk losing their cover.
According to Admiral, 10 % of motorists lie to their insurance company when they insure their car in order to get themselves a cheaper quote.
Anyone who is found lying to their insurer runs the risk of having their insurance cancelled.
Admiral managing director, Sue Longthorn, commented: "Some people think that by telling a small lie they can get a cheaper quote. In reality they are committing fraud. An insurance policy is a legal contract so it's vital that you are honest, or that contract can be claimed invalid and cancelled."
Admiral has compiled a list of the five most common ways people lie to insurers, these are:
1. Customers withholding driving convictions.
2. Not informing insurers of modifications to a car which affects its performance or appearance.
3. Insuring a young person's car in the name of an older driver.
4. Withholding previous claims.
5. Unacceptable licences.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
