Cash For Crash

A rise in cash for crash fraud has been identified as the cause of the upward trend in car insurance premiums. The Insurance Fraud Bureau or IFB  has estimated that around 30,000 accidents were deliberately staged in the UK last year, scams that cost the insurance industry about £350m in 2009, adding around £50 to the premium of every driver.

So with this fraud on the rise and heading south (its very popular in Birmingham and the North West at the moment), here’s our quick guide in what to look out for and what do if you suspect you’ve been targeted.

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