Parents beware!
Parents beware!
Aug 10Parents beware
Research from the motor insurance bureau suggests that many parents are unknowingly committing motor insurance fraud by ‘fronting’.
Research shows that over 70% of British drivers do not understand what it means to ‘front’ an insurance policy and of those that do, one in five admit to misleading their insurance company and as a result are committing insurance fraud.
Parents that insure a vehicle in their own names to reduce premiums when their son or daughter uses the car the most is one of the most common example of ‘fronting’.
This practice is strictly illegal and in the event of a claim could make the insurance invalid and as a result make any savings on the premium false economy and in fact leave you open to prosecution.
Young drivers have the highest proportion of insurance claims, crashes and fatalities’ on the road and this of course is why premiums are so high.
Over a third of drivers justify ‘fronting’ as being a loophole in the law.
New drivers may like to check out www.i-kube.co.uk where it’s possible to gain a 40% reduction on premiums providing you don’t drive between 23.00 and 05.00 (which statistics say is when most new drivers crash)
www.quinn-direct.co.uk is also another company that offer very competitive premiums.
Links to both companies can be found on our website www.kelvinwhitedrivingschool.co.uk
Remember also that some insurance companies offer a substantial discount if you take the pass plus course and by attending a local attitude and behaviour workshop you will get a grant of £60.00 towards the cost.
See http://www.kelvinwhitedrivingschool.co.uk/view/14 for full details .