Fraudsters have returned to “clocking” vehicles odometers to boost part exchange prices and escape mileage penalties under growing leasing schemes, says hpi. The number of cars on UK roads showing mileage discrepancies has risen to one in 16, a jump of 25 per cent according to new figures from hpi. The figure has leapt from one in 20 cars in 2014. The figures emerge as what is believed to … [Read more...]
Parents turn to crime to protect young drivers
Gocompare.com Car insurance has found that more than half (54%) of parents of young drivers have ‘fronted', or would consider ‘fronting', a car insurance policy for their children in order to get them lower car insurance premiums. The practice, whereby a parent, usually a more experienced driver, indicates that they are the main driver of a vehicle which will most often be driven by a young or … [Read more...]
Thefts from cars contributing to insurance rise
Nearly one in five UK car owners has been a victim of theft from their vehicle, research into car break-ins has revealed. With 831,000 incidents of vehicle related crime reported in the UK last year, car leasing company UK Carline researched car crime to find out the most common things UK car owners have had stolen from their vehicle. Car radios proved the most desirable items amongst … [Read more...]