Facebook - Shropshire Business Twitter - Shropshire Business LinkedIn - Shropshire Business

Social media warning for motorists

Young drivers in Shropshire could be victims of fraudsters who promise cheaper insurance cover via social media.

Dave Williams, of Henshalls Insurance Brokers in Newport and Shrewsbury, said young male motorists were particularly at risk.

“Young male drivers pay the most for insurance, and so it’s no wonder they are eager to cut the cost of their premiums wherever they can.

“But a rise in the number of ‘ghost brokers’ who are stalking the internet could put them at risk of unknowingly driving without insurance at all.”

Mr Williams said the ghost brokers used a range of tactics, including taking out genuine policies before quickly cancelling them and taking the refund money.

In some cases, they have also forged insurance documents, or given false information to bring the price down.

“The fraudsters are using social media to promote the cheaper policies, including Facebook, Instagram or WhatsApp, and they also advertise on student websites, university noticeboards or online marketplaces.

“This scam has seen a huge increase in reports in the last three years, and drivers are often unaware their policy is invalid – or doesn’t exist at all – until they are stopped by police or they are involved in an accident.”

Mr Williams said some fraudsters had set up hundreds of fake policies with the scam earning them thousands of pounds.

“Drivers should be wary of heavily discounted policies, with the age-old message just as relevant today, that if something seems too good to be true then it probably is.

“And don’t accept a price that has been offered directly from an individual – talk to an experienced broker who will find the policy that best meets your requirements from accredited insurance companies.

“Motorists need to remember that driving uninsured could lead to a fixed penalty of £300 and six penalty points – and if the case goes to court, there’s no upper limit on the penalty imposed and you could receive an unlimited fine.

“So, think carefully about where your insurance quote is coming from before you take the deal, otherwise the fraudsters will have found their next victim.”

Carl joins Henshalls in Newport

New face has over 40 years of industry experience

20th September 2019

Nomination brings in valuable cash

Shropshire insurance experts secure charity grant

3rd December 2019

Beware being exposed by simple errors

Motorists could be uninsured in event of claim

11th September 2017

European laws could hit motorists

Insurance premiums could rise in UK after landmark case

25th April 2017

Lucy takes top award

Insurance broker named Young Achiever of the Year

10th November 2017

Risks attached to fundraising

Get proper protection in place, says insurance specialist

23rd July 2017

Brexit warning for SMEs

Insurance experts urge businesses to double check their paperwork

29th March 2019

Hauliers reassured about paperwork

Journeys can continue as usual even if there's no Brexit deal

18th October 2019

Newport broker is on the acquisition trail

Deal secures their position as one of the region's largest independent brokers

14th March 2019

Family affair at Furrows

Fifth sister joins siblings at motor dealership

4th April 2018

Scrappage system launched by Ford

Shropshire dealer urges motorists to take advantage of scheme

1st September 2017

Dealership to sell iconic brand

Salop Leisure takes on Airstream models

18th September 2017

All change at the top at Furrows

Senior promotions for local motor dealer

25th January 2019

Thomas makes the grade at Furrows

Apprentice scheme is a huge success at local dealership

17th August 2018

Regional award for apprenticeship scheme

Motor dealer takes title for its commitment to young people

31st October 2018