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Fraudulent claims soar by 70%



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Published Date: 04 July 2008
FRAUDULENT motor insurance claims have soared by 70 per cent in the past three years, figures showed yesterday.
The Association of British Insurers (ABI) said its members uncovered 24,000 fraudulent car claims, worth £260 million, during 2007 – the equivalent of £5 million every week.

The ABI said fraud added an average of £40 a year to motor insurance premiums.





The full article contains 65 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 03 July 2008 9:51 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
1

The Former Mr. Angry,

Perth 04/07/2008 10:02:01
There is another side of the coin too. My insurers raised my medical insurance by 48% this year for no good reason apart from "medical inflation". May have been my forehead fit to burst with apoplexy. Then I noticed our house insurance going up 12% - claim free for several years. Shopping around I can get £100 off or 27% off from a similarly reputable insurer. You have been warned! Car insurance is coming up shortly and it will similarly be getting "the treatment".
2

ebbi,

spain 04/07/2008 14:45:47
the tables have turned now.before we had the public defrauded by the insurance companies now its the public´s turn.good luck with them,hope they´get their money back.
3

Guga II,

Rockall 04/07/2008 15:07:03
If there is fraud, and they should be able to uncover most of it, then the remedy is simple, blacklist anyone involved in fraud of this kind so they cannot get motor insurance again, anywhere, from anyone.

As for anyone subsequently found driving without insurance, or a licence, gaol them and crush their cars.

That way they can stop penalising ordinary motorists by way of ridiculous price hikes.

 

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