Most UK consumers do not think they should pay higher premiums to cover the money paid out by insurers on fraudulent claims.
A recent Omnibus survey found 86% of people did not think they should help cover the insurance industry's fraud losses. The survey discovered consumers were not aware that funds of many people pay the claims of a few.
The majority of insurance purchasers did not think they should pay increased premiums to cover flood risks (79%) or subsidence claims of others (85%).
Only 3% admitted they or someone they knew had inflated a travel claim. The reason given was that they expected the insurance company to try to cut the claim down.
Almost 10% said they or someone they knew had inflated a household or motor claim because they thought the insurance company would reduce it.
Garages are also expected to inflate repair claims following an accident, with 36% of people surveyed expecting the final value to be more than first thought. Only 8% said they knew someone who had claimed for an incident that had not really happened because they wanted to recoup some of their premium.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
