Motor Insurance News
Clampdown on fraudulent motor insurance claims
Insurers have launched a national database to fight motor insurance fraud.
It will hold the details of all vehicles that have been written off or reported stolen, along with more than six million claims.
The database, which will be run by the vehicle information experts HPI, hopes to make it easier for insurance companies to expose fraudulent claims.
The head of motor and risk pricing at the Association of British Insurers, Justin Jacobs, said: "Dishonest motor insurance claims are paid for by honest customers. This is why insurers are determined to stamp them out."
Talking about the database, he said it showed "the industry's commitment to sharing information with the common aim of reducing insurance fraud".
A common problem that the database will tackle is people taking out cover with more than one insurance company and then trying to claim from them all.
The system has already proved its worth by picking out a man who insured his car with 11 different companies and attempted to claim £34,000 after a crash he engineered himself.
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