Have you ever been in an accident where the other party insists you were to blame. Can you trust other witnesses who could be part of the scam? You could end up paying higher insurance premiums for the next 2 to 3 years.. but that’s not all! Read More
So how bad is Crash for Cash?
The Insurance Fraud Bureau (IFB) estimates around 30,000 accidents were staged last year, costing insurers about £350m in 2009 and adding £44 to the premium of every driver in the country. Source: BBC 21.08.10