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Parents in Car Fraud

Oct 13, 2007

THOUSANDS of parents have unwittingly committed fraud by insuring their child's car in their own name.

One in 10 mums and dads who helped their kids buy a car insured in their name, with the child added to the policy as a named driver, according to Zurich Insurance. Two-thirds of parents said the move was aimed at reducing premiums. But Zurich said the practice was insurance fraud - which could leave the named driver uninsured if it was uncovered.

(c) 2007 Sunday Mercury; Birmingham (UK). Provided by ProQuest Information and Learning. All rights Reserved.

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