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Summary:

They make it seem like a real car crash: Fraudsters are ( personal secured loans ) creating accidents on the road so they can make fake claims through insurance companies. As a result, they're getting away with hundreds of thousands of pounds every year.

 

Author: Bridget Carter

It is believed that as many as 10,000 fake claims get processed each year.

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One insurer had 400 faked accidents conducted by just one gang. They were found to be connected to a wide range of insurance fraud, but at that time the police were only prepared to conduct the investigation if it was paid for by the insurers.

Yes the police are concerned about the problem, but ( motor insurance quote ) what with everything else they have to deal with, it is often low down on their list of priorities.

But the good news is that the Home Office is expected to release a review on fraud this year and it is hoped that it will feature the concerns of the Association of British Insurers.

The association believes the best way for someone to prevent ( loans ) themselves from being caught out by these thieves is to record as much detail as they can about a vehicle and its occupants after an accident.

And better still, drivers should prevent them from ( mortgages ) forcing you into a crash situation in the first place.

Norwich Union's head of fraud, says "Keep your ( remortgages ) distance from the car in front at roundabouts and slip roads and cut your speed. Keep an eye on the vehicle in front. The occupants may turn to look at you or may even make a gesture just before the trap is sprung."