Skip to content

Car finance drivers suffering from insurance hike

Over 80 percent of car finance drivers have been subjected to increased car insurance premiums thanks to fraud, according to a What Car? poll.

Over 80 percent of car finance drivers have been subjected to increased car insurance premiums thanks to fraud, according to a What Car? poll.

The figures released by the company show that the average price for car insurance has skyrocketed up 33 percent, and the magazine has asked the companies to find alternative ways to halt the hike.

"We're in danger of getting caught in a Catch 22 situation, where insurance premiums rise as a result of insurance fraud, which in turn makes it more tempting to risk driving without insurance," said What Car? magazine editor Jim Holder.

Posted by on

Back to May 2011

Back to top