Fraud & Scams

The cost of insurance fraud hit £1.3 billion in 2013 which was up 18% on the previous year, according to figures according to figures from the Association of British Insurers (ABI).   Britain’s largest insurer, Aviva, has reported that crash for cash scams have hit a new peak during 2014 and add £400m to the costs of motorists premiums. It says organised gangs are at the heart of the problem with a 21% increase in them this year compared to 2013.Despite raised awareness; the problem continues to blight the car insurance industry. Click here for a copy of the article. Alternatively if you’d like a hardcopy click here

Taxi businesses are particularly vulnerable as drivers’ annual mileages often exceed 5 times that of the average car user. For a taxi fleet this could mean thousands of pounds extra each year if steps are not taken to reduce the risk of being a victim.  

Listed below are some of the most common scams:

 

 

 

  • Heard of Others ?

    If so please e-mail us at claims@tfpschemes.co.uk and tell us what happened. We plan to update this document for the benefit of the thousands of hard working taxi drivers who are trying to avoid these unscrupulous practices. 

    Our primary aim is to help taxi drivers and businesses avoid being victims and benefit from more manageable future insurance premiums.

    HELPFUL DOCUMENTS

    UK Fraud Map

     

     

  • 2008 UK Broker Award
  • 2010 British Insurance Awards
  • 2011 UK Broker Award Finalist
  • 2013 UK Broker Award Winner
  • RAC
  • Aviva