Wednesday, 30th September 2020, 8:25 am
A new anti-fraud campaign is highlighting a number of common car insurance cons amid fears that insurance fraud could be on the rise.
The Stop the Scams campaign has been launched by the Insurance Fraud Bureau (IFB) after new data showed a five per cent increase in fraudulent insurance claims in 2019, with motor fraud being the most common.
The IFB predicts that the current economic climate could push this up further, with data showing a 17 per cent increase after the 2008 financial crisis.
Insurance scams cost innocent consumers £3 billion a year in inflated premiums and payouts for fraudulent claims, and at least one criminal claim is made every minute in the UK.
Ben Fletcher, Director of the IFB, said: “With