Insurance Fraud Bureau
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Ghost Brokers

Ghost Brokers are fraudsters who sell drivers apparently cheap motor insurance deals but issue policies that aren't worth the paper they're written on.

Typically the scam works in one of two ways:

  • Policies are bought from legitimate insurance companies using false information and then doctored before being sold on to customers
  • Fake policy documents designed to look like they have been issued by legitimate insurance companies are created and sold on to customers

The consequences of buying a fake policy can be the same as having no policy at all:

  • Your car may be seized by police
  • You'll pay a fixed penalty notice of £300
  • You'll have to buy valid insurance & pay at least £150 to get your car back from the pound
  • You could be liable for any damage you cause while driving without insurance, which could include compensation if you injure someone

How to beat the fraudsters:

  • Purchase your insurance from a legitimate source, such as directly from an insurer. If using a broker, source a legitimate broker via the BIBA website and check that your insurance adviser is on the Financial Services Register
  • Beware of buying insurance policies from unusual sources such as social networks, newsagents or bars and pubs
  • Check your insurer is a Motor Insurers' Bureau (MIB) member