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Car Insurance – Fraudulent Insurers Cost Industry £2 Billion per Year

Posted 27th January 2010.

The National Fraud Authority released its National Fraud Indicator this week revealing that the total national fraud bill amounted to £30 billion every year.

Steve Foulsham, Technical Services Manager at the British Insurance Brokers Association admits: "Where we come from, the broking sector, we would like to see more communication between the broking community and insurers."

When applying for car insurance it is important to ensure that your responses are honest and accurate, to facilitate an instant quotation and avoid the possibility of a provider declaring your cover void. Car insurance providers will want to know detailed personal details regarding your age, occupation, address and any illnesses that may cause an effect at the wheel.

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