Be Warned - Motor Insurance Scams
Ensure New Vehicle is Authentic
When buying a car you must feel equanimity even after purchasing. Car Swindling has been increasing rapidly leaving the consumer conned out of their hard earned savings. By asking a company doing vehicle check, buyers can get professional counsel and guarantee that the car you want to buy is authentic. Since these companies have professionals doing the checking, they can ascertain if the car is in good condition and verify its vehicle status. Besides, they will give you professional advice and guarantee of the authenticity of the deal.
Experts Doing Status Check of Vehicles
Avail the services of a company performing vehicle history check and inspection to determine whether you will be getting value for your money. This gives you a security that the car is in safe condition and is fit to be driven. Often three quarters of the used cars are unsuccessful in meeting the MOT. Moreover, less than 20% of these inspected vehicles are in good condition while the rest of them have defects that will need an amount greater than £200 to be fixed.
Be Alert of Motor Insurance Rip-offs by Gangs and its Influence on Car Insurance Premiums
It is a known fact that some individuals claim sham accidents and/or embellish injuries for getting reimbursement from their insurance companies. Nonetheless, a small ratio of these offenders has proceeded further and has taken to setting up road accidents for gaining reimbursement for injuries and other damages. Such menacing incidents have led the Association of British Insurers (ABI) to organise a compensation unit for detecting frauds known as Insurance Fraud Bureau for looking into dubious claim requests. False claims in a week come to around £4 million pounds.
Cons normally include a lorry and a couple of cars. Members of the gang drive these cars, while the lorry driver is the victim. Incidentally, such sting operations target any unsuspecting vehicle. Gang members drive one car in front and the other behind the innocent motorist. The rear car sweep past unsuspecting motorist and first gang car, then knowingly pull up before first gang car, making the second gang car to swiftly brake, resulting in the unsuspecting motorist to crash into the rear of first car. Meanwhile, second gang car drives away leaving the unsuspecting motorist at fault, as mostly rear drivers are considered guilty. The first gang car gets the advantage of compensation for personal injury, damage to vehicle and person and uninsured losses. Everything appears like a "mere accident" and seems harmless and above suspicion. On the contrary, it is a meticulously crafted and carried out plan to intentionally instigate the accident and fleece insurance companies.
Such scams have resulted in expenditure of insurance companies coming to above £200 million pounds annually. This has resulted in a hike in insurance premiums to deal with these false claims. Take care to not be victims of such crimes. In case of you having any doubt, you inform the insurer to save the unsuspecting motorist paying for a pre-meditated crime. Cling to our expectations of Insurance Fraud Bureau managing to wipe away such crimes.
Our website gives you information on these areas as well as short term insurance for cars.
Onedaycarinsure.co.uk is not authorized to advice on any financial products we are just providing you information, for advice please contact FSA register agents.
