Fraudulent claims increasing insurance premiums?

This is an ongoing roll on affect, many people actually intentionally provoke accidents to then claim up to a whopping £20,000 – £50,000 pounds worth of compensation, the Insurance Times has taken a look at recent cases here.

fraud claimsIt’s found to increase policies local to the affected area by hundreds of pounds, This is only one of many few causes that continuously increase our premiums over and over again, Insurance providers are currently having a hard time with so many fake accidents generated by “in-house” gangs purely for the massive payouts!

Although we do love a good conspiracy theory, is this one of the real reasons or maybe are they simply attempts at justifying such high premiums’ ?

We’ll let you debate that one, while we continue to provide you with cheap car insurance quotes all year round!

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