Main driver news
21/10/2008
Parents warned that cheap car insurance tricks don't pay
The Association of British Insurers (ABI) has recently issued warnings to all drivers who may be trying sneaky tactics to obtain cheap car insurance that lying to their car insurance provider may well prove costly in the long-run.
A particular hot-topic in the current car insurance climate is the problem of parents who are tempted to buy a "fronting" policy for their young driver son or daughter.
"Fronting" entails the experienced older driver claiming to be the main driver of the vehicle, and including the young driver as a named driver.
However, in the event of a car accident, if a claim is made on the policy and the insurer discovers that the young driver was the regular motorist behind the wheel, they may not have to pay out.
Not only could this mean that the young driver is landed with paying costly third party repair bills as well as his or her own repairs, but they could also see an increase in future quotes, meaning that cheap car insurance would be even harder to come by.
A CoverGirl spokesperson advises that to maintain your eligibility for cheap car insurance for women, female drivers should complete their renewal details with complete honesty.
