Insurance broker scams

Victims aged 17 to 29 have reported scams where they call a person who impersonates an insurance broker and sells a non-existent or invalid policy to a new driver at a lower rate. 

Such deals are promoted through unrealistic low prices, and fake documents are used to get the policy, even though the premium of any policy should be based on the risk involved.  

In such cases, when the driver seeks a claim, they discover they are not insured and have paid to get the cover that does not exist. Furthermore, illegitimate methods raise the risk of losing personal information to criminals, which can be doctored and sold to others. 

In the case of invalid documents, not only they do not get any claim for accidents. Instead, they will have to face court, pay unlimited fines and suffer from a driving ban.

The authorised government agencies have warned the learners preparing to pass the test to be aware of it. They will lose hundreds of pounds on unreliable photoshopped documents if they are unaware. 

The transactions are conducted through social media sites or apps like WhatsApp. However, the clients who buy such plans face the risk of legal actions due to uninsured driving. Therefore, all drivers should carry out checks and spending through trusted providers to get accurate claimable reports, which are most important. 

The new drivers have been advised not to deal with bogus agents. However, if they are buying a policy, check the registered details of the broker. If you suspect any fraud, report it to regulatory agencies.