What’s this all about?
The fraudulent practice known as ‘fronting’ is when a parent insures a car in their name, even though one of their children will be doing most of the driving, in order to get cheaper premiums.
According to recent research by a leading insurance company 10% of parents have lied to reduce the cost of their child’s car insurance.
The insurance industry deals with about 1,000 cases of fronting a year, and if you are caught the punishment can be serious. The consequences can range from refused claims, cancelled policies with no refunds and difficulty in obtaining insurance in the future.
Although fronting may initially help you save a few pounds, in the long run the costs could be far higher.
Can we help you?
If the above scheme, product or article interests you, please mention this when contacting us. That way we can select the insurer/product mentioned, as we have a range of insurers that offer different benefits, for example not all of our insurers may cover the key elements mentioned above.
If you would like us to provide a quotation please complete one of the following:
- Complete the form on the Homepage
- Fill in the form on our contact us page
- Email us at admin@towaninsurance.co.uk
- Call 01637 876 876
We do everything we possibly can to check that we have got our facts straight, but it’s always possible that we could make a mistake (hopefully not or never would be better). Therefore we would like to make you aware that we accept no responsibility for information that may be factually incorrect or out of date, but we will do our best to make sure that all content is accurate. Our vision behind bringing the blog to the wider community is to keep our clients and prospective clients informed of their legal requirements, the different products on offer and how they may benefit your business and the new schemes we find which we think will benefit you.
We are Personal and Commercial Insurance Brokers based in Newquay, Cornwall covering the whole of the UK.
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