Keoghs survey says insurers set aside £150m fighting fund
A survey of 33 car insurers by law firm Keoghs for More4 News has reported a big increase in crash-for cash claims and insurers have set aside more than £150m to combat the fraud, the Times reports
The research reports a rise in the number of cases in which drivers were suspected of slamming on their brakes to force the car behind to crash into them.
Such claims can reach up to £15,000 to cover whiplash, damage to the car and loss of earnings.
We all pay for fraud
In a report to be broadcast at 8pm tonight on More4, Insurance Fraud Bureau (IFB) deputy chairman Richard Davies says: “All motorists should be concerned about crash for cash. Firstly, there is the threat to public safety because people can get hurt in the accidents, but we all pay for fraud.”
