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

Cyber crime warning for tech businesses

Firms reminded they are not immune to security risks

14th January 2021

Home working creates even greater cyber risks

One in three UK businesses likely to be attacked

4th April 2020

Nomination brings in valuable cash

Shropshire insurance experts secure charity grant

3rd December 2019

Changing face of home working

Coronavirus increases health and safety risks

26th January 2021

MOT changes: The impact on insurance policies

Broker says insurers will have 'no option' but to adapt

26th March 2020

Brexit warning for SMEs

Insurance experts urge businesses to double check their paperwork

29th March 2019

Henshalls welcomes two new faces

Appointments follow increase in demand for insurance services

7th April 2021

Webinar puts insurance in the spotlight

Experts will update businesses on current situation during pandemic

29th April 2020

Flood victims urged not to rush in

Business owners warned not to be in a hurry to clean up

19th February 2020

Home working brings raft of new risks

Health and safety experts warn employers to act responsibly

29th September 2020

Hauliers reassured about paperwork

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

18th October 2019

Sight-seeing day out is a challenge

Colleagues put themselves to the test for charity

9th December 2019

On tee with Dani

Insurance brokers back talented local golfer

12th March 2020

Newport broker is on the acquisition trail

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

14th March 2019