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Car insurance UK scam: Drivers warned there are ‘more opportunities’ for fraudsters

Car insurance UK scam: Drivers warned there are ‘more opportunities’ for fraudsters

Car insurance experts warn that a range of road users have suffered at the hands of fraudsters including the elderly and key workers. The comnets come after recent data shows fraudulent insurance claims rose by five percent in 2019.

However, experts have warned scams could shoot up to levels last seen in 2008 where the recession saw fraudulent claims rise by 17 percent.

The Insurance Fraud Bureau warns that at least one insurance scam takes place every minute in the UK.

Ben Fletcher, Director of the IFB warned the pandemic was seen as an opportunity by fraudsters to target a range of road users.

Mr Fletcher said: “With Covid-19 causing so many people to lose out financially it sadly means there are more opportunities for insurance scammers to exploit the vulnerable.

READ MORE: Drivers may be targeted by new car insurance scam today

However, as the UK plunges into a recession and many drivers struggling financially as a result of the pandemic, this could cloud many road users’ judgement when they receive an email offering money.

Ghost Broker scams have doubled in recent years and are more popular among young road users.

This is where fraudsters pose as a provider and offer cheap deals to vulnerable motorists on social media.

However, these policies are then found to be false which effectively leaves drivers without an agreement in place which would be breaking the law.

IFB chiefs also warn drivers to keep an eye out for crash for cash scammers who purposely hit your vehicle to make claims against your policy.

Experts warn that one in every ten injury claims is linked to crash for cash scams despite the safety risks.

Detective SuperIntendent Peter Ratcliffe, Head of the City of London Police’s Economic Crime Funded Units urged members of the public

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8 Tips That Can Help Drivers Pay Lower Car Insurance Premiums

8 Tips That Can Help Drivers Pay Lower Car Insurance Premiums

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 13, 2020 / ( ) has launched a new guide that presents several effective tips that will help drivers get cheaper car insurance.

For many drivers, paying the monthly car insurance bill can be quite difficult. More and more drivers are wondering if they can save some of the money they spend on insurance. Luckily, there are some easy methods drivers can take to lower their premiums and ensure they’re getting the best insurance rate. With a bit of ingenuity and an understanding of the insurance market, drivers can reduce their car insurance costs and get great coverage without breaking the bank.

To get cheaper car insurance, follow the next tips:

  • Regularly shop for car insurance. Most car insurance providers will change their rates every month. Shopping for car insurance once or more each year can help drivers take advantage of the insurance market’s ebbs and flows. Also, significant life changes like a new job, marriage, or earning a college degree might make the insurance premiums to be lower.
  • Follow all safety rules when driving and avoid distracted driving. It’s essential to stay safe, drive responsibly, and maintain a good driving record. Even one speeding ticket can increase the insurance premium.
  • Keep a good credit score. Insurance companies are allowed to take a look at the credit score to make sure their customers are responsible with money. Drivers with a higher credit score will pay cheaper car insurance rates.
  • Look for discounts. Insurance companies provide discounts for certain types of drivers who are seen as less of a risk. Drivers can get discounts for low-mileage, installed safety features, being a good driver,
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Car insurance UK: Drivers able to make savings as firms offer ‘financial support’

Car insurance UK: Drivers able to make savings as firms offer ‘financial support’

This means that many car insurance customers can make tweaks to their policies without fee or risk of suffering any heavy losses.Experts at uSwitch have urged customers that it could be worth going to firms to waive these fees and make changes which could reduce costs.

They specifically highlight how road users can update their mileage details to reduce their perceived road risk and therefore lower charges.

They warn that if your car is due for renewal, it is worth recalculating mileage based on how much you have driven in 2020.

This is expected to be wildly different from the mileage predictions submitted at the start of last year before the lockdown was considered.

This is especially the case for road users who may have been forced to work from home for long periods and give up a long daily commute.

READ MORE: Car insurance customers can ‘cut the costs’ of a policy today

“So if you want to recalculate your mileage, it could be worth giving them a call to waiver the amendment fee.
“If you have a record of your mileage from the last time you applied for cover, you could use this to calculate the difference used this year.

“If you don’t, you can always sum up how far you’ve travelled each day on average to get a rough estimation.”

MoneySavingExpert Martin Lewis has previously urged road users to take advantage of the sudden cut in cancellation and amendment fees to their advantage.

He revealed it was a great time for customers to shop around and switch for a new agreement as drivers would not be liable for costs.

Switching mid-agreement would result in heavy cancellation costs but under current measures, drivers can swap completely free of charge.

He has urged drivers to switch policies regularly to

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How Can Senior Drivers Get Cheaper Car Insurance Rates

How Can Senior Drivers Get Cheaper Car Insurance Rates

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 10, 2020 / ( ) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website offers car insurance info about different coverage types, available discounts, and money-saving tips.

Age is a very influential factor when determining insurance costs. Seniors, like teen drivers, are considered high-risk drivers. But the reasons are different. However, the elderly can still find ways to lower insurance premiums. Follow the next tips:

  • Take a driving class. Graduating a defensive driving course will help to secure a discount. These classes are don’t cost much and can be offered in-person in a classroom, or you can stream them online. In these driving courses, senior citizens will find out how aging and medication affect their ability to drive and how to deal with certain age-related conditions.
  • Install anti-theft devices. On the market, there are multiple types of devices that will make your vehicle safer against the thieves. Electronic alarms, ignition kill switches, GPS tracking systems, steering wheel locks, electronic immobilizers, and many other safety devices will help drivers acquire a discount.
  • Buy a cheaper car. The vehicle brand, model, and year of production are all important factors that determine the price of a policy. The cheapest vehicles to insure are slightly used SUVs, minivans, and crossovers. Also, look for models that have safety features installed.
  • Join a UBI program. Allow the insurer to install a small telematics device inside the vehicle. This device will record mileage, sudden changes in speed, hard braking, cornering, and the time of day when the vehicle is driven. The insurer will customize the price
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Automotive Differential Gear Market Share and Size Report with Geographical Segmentation, Market Opportunity, Challenges and Drivers

Automotive Differential Gear Market Share and Size Report with Geographical Segmentation, Market Opportunity, Challenges and Drivers

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global “Automotive Differential Gear Market” Research Report provides exhaustive analysis of major driving factors, market trends, Automotive Differential Gear business opportunities, threats and challenges. Report offers decisive analysis of the Automotive Differential Gear market based on leading players, market size over the forecast period of five years, market share, segmentation study, current Automotive Differential Gear market trends, activities and major geographical regions involved in Automotive Differential Gear market.

Get a Sample Copy of the Report-

About Automotive Differential Gear Market: the passenger cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing demand for luxury vehicles and SUVs across the world will play a significant role in the passenger cars segment to maintain its market position. Also, our global automotive differential gear market report looks at factors such as the increase in sales of SUVs, rising consumer preference for AWD and FWD vehicles, and increasing sales of luxury cars. However, product recalls, global decrease in vehicle sales, and raw material price volatility may hamper the growth of the automotive differential gear industry over the forecast period.

All Manufacturers are listed on the basis of Automotive Differential Gear product specification, capacity, Automotive Differential Gear volume, price and cost of the product manufactured by the company, Automotive Differential Gear sales revenue, and gross margin. Other parameters include Automotive Differential Gear product pictures, quality, reliability and technological development adopted by Automotive Differential Gear marketing player. Top Manufacturing Companies are:

● American Axle and Manufacturing Inc. ● AmTech International ● Bharat Gears Ltd. ● Dana Ltd.

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