Young drivers, especially young men and teenagers, are far more likely than their seniors to be involved in road accidents
, something insurers take into account, although since the intervention of the EU
, they are no longer permitted to charge lower premiums for safer female drivers of the same age.
In the UK, motor insurance is not an optional extra, and it is a serious criminal offence to drive without it. The high cost of such insurance has led especially to young drivers seeking cheaper packages, and for the most part they do this on the Internet. A few have found especially attractive insurance deals, but as a police officer warned on the BBC's Your Money
programme this morning, as usual if it sounds too good to be true, it probably is.
Detective Chief Inspector Dave Wood specialises in insurance fraud. He told Declan Curry that on Wednesday last week the police executed no fewer than 28 search warrants nationwide. Although he was unable to comment on an ongoing investigation
, he warned that young drivers are targeted especially as easy marks. Typically a victim looking to insure his vehicle will find a "villain's website" that will be offering a heavy discount. This discount is the first scam warning.
Before parting with any money, it is always best to check with the Association of British Insurers
. Check too who is underwriting any policy, which will probably be a company that is a household name. Do not simply phone the number on the website, which is likely to be the ghost broker himself.
There have also been reports of these crooks selling fake car insurance face to face, including on campus.