One of the UK’s biggest car insurers is warning motorists to be on the lookout for criminals staging accidents as traffic levels return to normal.
As the final easing of lockdown approaches, Ageas Insurance is predicting a sharp increase in the number of “crash for cash” scams where fraudsters deliberately cause collisions then make inflated insurance claims for injuries and damage.
Following the easing of lockdown in July 2020, the insurer saw a 150 per cent increase in “induced collision” cases and is predicting a similar jump this year as criminals take advantage of rising traffic levels to target innocent victims.
Anexo plc (LON:ANX) is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers who have been involved in a non-fault accident.