united kingdom auto insurance Archives

Auto insurance scam popping up throughout UK

August 20, 2013August 17, 2013 H. Cutner

Drivers are being cautioned about a new kind of fraud called “Flash and Crash” by the industry. Auto insurance industry officials in the United Kingdom are cautioning motorists regarding a new type of scam that has developed and that is becoming more widespread in the country, called “flash and crash”. The scam involves tricking drivers into thinking that a good Samaritan is helping them out. The way that the auto insurance scam functions is that the fraudsters wait for victims to start to drive out of parking lots, gas stations,…

Largest auto insurance scam in the U.K. uncovered

March 20, 2013March 19, 2013 G. Turner

The police have linked 60 people with the massive fraudulent claim program which is among the biggest in the country. It has just been reported that there have been 60 people that have either pleaded guilty or that have been convicted with being involved in one of the biggest auto insurance fraud scams in the United Kingdom. The range of the scam was so great that people within the area in which it was occurring were paying far more. The primary culprits behind the auto insurance fraud were in Derwentside,…

Auto insurance premiums in the U.K. could fall for young drivers

March 8, 2013March 6, 2013 G. Turner

Monthly bills could fall by as much as 20 percent if a new proposal is put into place. The Association of British Insurers (ABI) has just announced that if the government implements the auto insurance proposals that have been made by the group, young drivers across the United Kingdom could find themselves paying up to 20 percent less than they currently do. The Safe Young Driver proposals from the ABI would apply to almost 3 million people in the U.K. Millions of young drivers throughout the country could be able…

Auto insurance consumers feel the pain of whiplash in their wallets

February 15, 2013April 30, 2013

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…