Drivers are being warned of cheap car insurance scams that are simply, 'too good to be true'.
An investigation by Which? has found that social media is 'rife' with ads for fake insurance where brokers seem professional, informed, and easy-going. The consumer champions found that the 'brokers' have impeccable feedback and reviews and under-cuts any offer that the victim has se24391877en so far, adding, "The £200-£300 'broker fee' you'll be charged for the service effectively pays for itself".
But drivers are being warned that these are not real brokers and you'll be giving your hard earned cash into a worthless policy, resulting in the victim driving with invalid cover and losing money. The scam is known as 'ghost broking' and it has grown in popularity with con-artists, with tens of thousands of people falling for it and putting them, unknowingly, onto the road with fraudulent insurance cover.
