Insurance - Fronting ....

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Ben
Posts: 11608
Joined: Thu Jul 27, 2006 8:16 pm
Location: East Anglia

Insurance - Fronting ....

Post by Ben »

Thought this made interesting reading.

http://news.bbc.co.uk/1/hi/programmes/m ... 052569.stm

This covers is where the parent insures a car saying they are the main driver when infact their son / daughter is...
Dum spiro, spero
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Rob_B
Posts: 949
Joined: Tue May 22, 2007 2:01 pm

Post by Rob_B »

This has been going on for years...theres are lots of ways to front a policy, the above is the most common..

insurance companies that offer cheap premiums are the ones who will void a policy due to fronting when there is a claim..the more expensive ones, such as norwich union will just unsure you pay the correct premium before paying out.

the company i used to work for have now started placing loads(extra money) on policies when possible fronting has been discovered

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Ben
Posts: 11608
Joined: Thu Jul 27, 2006 8:16 pm
Location: East Anglia

Post by Ben »

When I was 17 I bought a 'car' i.e. a registration etc for a crushed fiat 127 ... then insured that for a few years to build up a no claims bonus prior to purchasing a car of my own, much safer than defrauding insurers - ps - I work for NU - well I do this week but with the recent announcements who knows!.
Dum spiro, spero
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