Released on = June 2, 2006, 5:26 am

Press Release Author = Shakespeare Finance Limited

Industry = Financial

Press Release Summary = Car insurance frauds are making honest drivers pay more for
their insurance covers. A new insurance fraud alluring the following drivers to
crash into the cars ahead is not only responsible for adding up to the insurance
costs but also dangerous for road safety.

Press Release Body = Car insurance frauds are making honest drivers pay more for
their insurance covers. A new insurance fraud alluring the following drivers to
crash into the cars ahead is not only responsible for adding up to the insurance
costs but also dangerous for road safety. Drivers can defeat the objectives of
criminal gangs by simply maintaining a safe distance from the car ahead.

London (adverse-credit-car-loans) May 30, 2006: A new form of car insurance fraud
has been detected making it imperative for the drivers to remain careful against
organised criminals who deliberately cause collisions.

The Association of British Insurers (ABI) said that it has become aware of
increasing number of accidents in Yorkshire where organised criminals disconnect
brake lights on their cars and 'slam on the brakes at roundabouts'. When an innocent
driver rams into the back of the car, such driver is more often than not assumed to
be the faulty person. The criminals then attempt to claim from the victim\'s insurer.


According to ABI, all types of insurance frauds add about five per cent to the cost
of insurance resulting in a total of £1.5 billion a year extra burden on the
policyholders.

Nick Starling, director of general insurance at the ABI said that the extent of
fraud was underestimated and yet its impact was very real and serious as it has
become as big an earner for criminal gangs as drugs. Starling added that the initial
impact of these acts was in the cost to the insurer and to the customer but the
second, and more important, impact was on personal safety.

For additional information on the news that is the subject of this release (or for a
sample, copy or demo), contact Webmaster or visit www.adverse-credit-car-loans.co.uk



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