Cornhill Direct Insurance
News

Car Insurance News News

11 million would lie in order to ensure a payout

Published: 08/05/2008
11 million would lie in order to ensure a payout
New research has found that more than 11 million drivers would lie to their car insurance provider in order to ensure a payout.

A survey by price comparison site Moneysupermarket.com asked motorists what course of action they would take if their car was stolen after they had failed to secure it properly.

More than a third said they would tell their insurer the truth, while 33 per cent said they would not tell them.

A further 31 per cent said they were unsure as to whether they would tell the truth in such an instance.

Richard Mason, director of insurance at Moneysupermarket.com, says that while a small fib may seem like nothing serious, it could end up costing careful motorists who have done nothing wrong by way of higher premiums.

"If claims are regularly being paid out to drivers who don't deserve it, the honest motorist loses out and could see future premiums increase. I urge all drivers to tell the full truth, but even more importantly, secure their cars," he said.

Last year, the Association of British Insurers claimed that around one in 11 claims were false.
ADNFCR-1058-ID-18584156-ADNFCR



Related Car Insurance News Insurance News


Volvo seeks lower insurance premiums for City Safety vehicles
Published: 14/05/2008
Car manufacturer Volvo is in talks with car insurance companies in a bid to secure reduced premiums for drivers of its vehicles which feature its City Safety technology.The safety system uses laser se...
Read More: Volvo seeks lower insurance premiums for City Safety vehicles >

Uninsured drivers a "massive problem"
Published: 14/05/2008
The British Insurance Brokers' Association (BIBA) has claimed that the number of drivers on the UK's roads without car insurance is a huge problem.Graeme Trudgill, technical and corporate affairs exec...
Read More: Uninsured drivers a "massive problem" >

Vision Zero could make crashes a thing of the past
Published: 13/05/2008
Volvo is aiming to launch a car that is virtually crash proof by 2020, in a move which could have an effect on car insurance.The Swedish automotive company is looking at developing technology that pre...
Read More: Vision Zero could make crashes a thing of the past >

Latest Headlines

> Volvo seeks lower insurance premiums for City Safety vehicles
 
> Uninsured drivers a "massive problem"
 
> Vision Zero could make crashes a thing of the past
 
More News >

News Categories

Car Insurance News
Home Insurance News
Industry News
Van Insurance News


News Archives

May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007


Call us on:
0800 32 888 31
quoting INT06

Lines are open 8am - 8pm
Monday to Friday and
9am - 3pm Saturday.

We may not be able to
quote in all circumstances.
Calls may be recorded
and monitored.