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Evening Standard
Evening Standard
Vicky Shaw

Young drivers urged to steer clear of ‘ghost broking’ insurance scams

Insurance FCA the Financial Conduct Authority
A driver buying an insurance policy sold by a ghost broker could end up unknowingly left uninsured and at risk of prosecution, fines and even having their car seized (PA) - (PA Archive)

Motorists aged 17 to 25 are being warned about “ghost broking” scams, as a survey indicates around half (49%) of young drivers have bought insurance through social media or messaging apps.

Around four in 10 (39%) young drivers surveyed said they would not feel confident in spotting the signs of a fake policy, the Financial Conduct Authority (FCA) said.

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