Ghost brokers are haunting motorists, warns a Welsh business. Gocompare is warning motorists to avoid too good to be true car insurance deals on social media following concerns that fraudsters known as ‘ghost brokers’ are preying on people’s financial worries caused by the Covid pandemic. The warning comes following the arrest at the end of May, of a man by the City of London Police for selling … [Read more...]
Parents failing young drivers, says AA Insurance
According to AA Insurance, nearly half of drivers believe that it is acceptable to reduce car insurance premiums for young drivers by insuring the car in a parent’s name, naming a young driver as a ‘named driver’. This is known as ‘fronting’ – where a named driver on a policy is the person driving the car most or all of the time. And alarmingly, 1% of drivers considered it acceptable to … [Read more...]