Ghost brokers cost young drivers £2,000
Young drivers who buy fake insurance policies from ghost brokers lose an average of £2,000, according to Aviva.
Its data has found that ghost brokers are increasingly targeting drivers aged 17 to 25, with most paying an average premium of £1,700 as well as broker fees of £300.
Alongside this cost, drivers with fake policies could also be liable for costs for any injuries caused as well as vehicle repairs. They could also have their car seized by police and also face court action.
Owen Morris, UK personal lines chief executive at Aviva, said, “Ghost broking is a fast-growing criminal enterprise that targets young drivers on social media sites.
“These fraudsters exploit social media to sell worthless insurance, leaving victims thousands of pounds out of pocket, driving without insurance, and at risk of prosecution. They could also potentially be victims of identity or banking frauds in the future.
“The scale of the problem is concerning, and it’s getting worse. Our message to young drivers is simple: Before buying insurance on social media, always check the seller is genuine before you pay.”
