UK car insurance news
17/04/2007
Woman car insurance firms less likely to be targeted by fraudsters
Research by moneysupermarket.com has revealed that woman car insurance companies are less likely to become the victims of fraudulent claims.
The study found that ladies are much more honest than men when it comes to reporting accident details to their motor insurance company. While about 1 in 10 men admitted that they might withhold some information in order to minimise costs, just 1 in 20 ladies said they would consider this course of action.
Despite this, woman car insurance firms cannot afford to relax on the issue of fraud. A similar number of men and ladies - a startling one in three - said that they may try to avoid the truth coming out if they had caused an accident because of their own recklessness.
A spokesperson for the online car insurance firm that commissioned the research warned drivers against this, saying: "A conviction [for fraud] will leave a lasting impression on that individual's life and the insurance industry may well refuse to cover them in future, meaning they can no longer drive at all."
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