Car insurance scam

Have you wondered why your premiums are going up for your car insurance? There is a motoring scam currently sweeping across Britain's roads with fraudulent motorists staging crashes in order to claim compensation. This is seen as making money quickly by criminals who deliberately slam on their brakes so the unaware driver behind them bumps into the back of them. Then it's a case of faking whiplash symptoms to the doctor and claiming through the other driver's insurance for damage and injuries.

This potentially lethal scam is not only increasing the premiums on the involved driver's policy, but in fact, everyone's policy. The estimated value of fraudulent cases per year is around £1.6 billion. This has resulted in the insurance companies increasing the cost of annual policies around £50 in a bid to balance the cost that the insurance companies are losing through the claims.

The police have warned people to be ever so vigilant on the roads and to keep a safe distance between other cars. This is a popular scam adopted by many well organised criminals.

Some fraudsters who are not even on the scene at the time of an incident are claiming compensation claiming they were a passenger in the vehicle, after one or two simple visits to the doctor/hospital; they can receive up to £2,500. An owner of a towing company has also been prosecuted as he had claimed he had towed hundreds of vehicles from crash scenes which had not even been involved in an accident.

This will no doubt lead to a review of the claiming process where claims will become a lot more complex.

If you have had your car insurance increased, you may want to search online to find cheap car insurance. Try searching for 'compare car insurance' to find the best selection of quotes.