Buzzin Fly - Web Development & Internet Marketing
UK Insurance News Blog

UK Insurance News

UK Insurance: Cash for Crash motor insurance fraud, a step too far?

John Williams - Monday 12.10.09, 15:54pm

350,000 cases of crash for cash fraud

350,000 cases of crash for cash fraud

“Desperate times do often call for desperate measures, but surely this is a step too far for British motorists”

So says Steve Sweeney the head of insurance at MoneySuperMarket.com after revealing the results of research last week that showed that over one million drivers in the UK have considered deliberately crashing their vehicle to make a fraudulent insurance claim.

Incredibly, almost 350,000 UK motorists have successfully staged such an accident according to claims made by the researcher. Male drivers and Londoners are allegedly the most likely to consider the scam.

“We have all been affected by the recession in one way or another, but crashing for cash is not only illegal but willfully endangers the lives of others. Organised motor fraud not only costs the insurance industry millions, but risks the safety of innocent drivers, passengers and pedestrians.” said Sweeney.

Insurance fraud costs honest motorists an additional average of £40 per year on their insurance premiums. Drivers being caught attempting to make a fraudulent claim will struggle to find insurance cover in the future.

Del.icio.us Digg Technorati Blinklist Furl Reddit
No Comments

Tags: Insurance Fraud · Insurance News · Motor Insurance


  • No Related Post






0 comments so far

  • There are no comments for this post yet. Why not be the first by filling out the form below.

Leave a Comment

Home | Archives | Blog For Buzzin Media | Advertise | About | Contact