Auto insurance lies are common among parents

Young Driver auto usage based Insurance

One in six are fudging the truth to help their kids to obtain coverage According to the results of new research thousands of parents are committing auto insurance fraud by pretending that they are the primary driver of a vehicle that is actually being used mainly by their student daughter or son. Up to one in every six young drivers are saving money on their coverage through dishonesty. The study was conducted by a website called Gocompare.com. It found that up to 16 percent of younger drivers are reducing the…

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Auto insurance consumers feel the pain of whiplash in their wallets

auto insurance whiplash cost

The largest insurer in the United Kingdom has revealed the cost of the condition on monthly premiums. Aviva, the U.K.’s largest auto insurance company, has just revealed the impact that whiplash claims have on the monthly premiums paid by policyholders, showing that they pay an average of £118 more per year as a result of that issue, alone. The insurer has also stated that it believes that handling claims directly could reduce costs by £1.5 billion. According to the auto insurance company, since October 2008, premiums have increased by 80…

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