Monday, July 14, 2008

Why Is Car Insurance Fraud On The Increase?

If ever there was a self fulfilling prophecy then the car insurance market may well be it!

A recent report by the Association of British Insurers (ABI) claims that car insurance fraud in the UK has increased by 70% over the last 3 years. As the cost of running a car continues to spiral upwards many drivers are being left with very few ways of paying off their debts. The fact that one such car insurance fraudster was found to have literally pushed his car off a cliff may be a little over the top (literally!), but there are also many other examples of drivers becoming desperate.



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