According to recent research, more than half of parents would consider fronting or already have fronted their child’s car insurance in order to lower the cost of their car insurance premium.
Fronting is the practice in which a more experienced driver takes out a policy, claiming that they are the main driver, when in fact the car will most often be driven by a young/high risk driver.
A survey, including a total of 1000 parents with children between the ages of 17-25 who have passed their driving test, revealed that a massive 38% of parents would consider fronting their child’s policy and 16% of parents had already fronted a policy.
Further questioning of the survey participants revealed that 53% of them felt that the cost of their child’s car insurance was a major concern and 30% of participants stated that the premiums were far greater than expected.
It was also found that 60% of parents felt they were being ripped off when it came to purchasing cover for their children and 51% parents believe that the high cost of insurance was a major factor in the number of young drivers who choose not to purchase insurance at all.
Commenting on the results of the survey, Matt Oliver, Car Insurance Spokesman at GoCompare said; “Although it’s understandable that a parent would want to help their child with the cost of getting on the road, it’s important to remember that fronting is a form of insurance fraud. Insurers always investigate claims thoroughly, which means a good chance that any ‘fronting’ will be uncovered if parents do have to claim on the policy.”
Oliver went on to say “Fronting can have serious consequences such as the claim being rejected or invalidating the policy, leaving the driver to foot the bill. Worst still, as insurance fraud is illegal there can even be serious legal consequences, as well as seriously hampering your ability to get insurance in the future. The long-term implications of being caught fronting mean it’s really not worth the risk.”
Fronting a car insurance policy is fraudulent and illegal and also means that your cover would be invalid, which leaves any driver of the car uninsured. In addition to this, those who are caught fronting could end up in court and as a result seriously damage their chances of being accepted for any type of insurance in the future.