If you purchase a policy from a ghost broker, you may be driving without valid insurance.
Did you know?
If you don’t have valid car insurance:
- Your car may be seized by police.
- You’ll pay a fixed penalty notice of £300.
- You’ll pick up the bill for any damage you cause while driving without insurance, which could include compensation if you injure someone.
In short, if you get scammed by a ghost broker, you could be paying the price for the rest of your life.
Don’t get scammed. Follow our simple guide to buying legitimate insurance:
- Check your insurer is a Motor Insurers’ Bureau (MIB) member only MIB members are authorised to underwrite motor insurance in the UK. NB. Your insurance could be issued under a trading name, but the underwriter’s details should be made available to you on their website or on policy documents.
Get a real deal!
Insurance can be expensive. So use our top tips to buy the cheapest, legitimate insurance policy for you:
3. Consider a ‘pay how you drive’ policy - many insurers offer telematics (or ‘black box’ devices) for cars that monitor how the vehicle is being driven. Discounts can be offered to responsible drivers.
4. Secure your vehicle approved alarms and mobilisers reduce the cost of insurance.
5. Pay up front budgeting in advance to pay for your insurance up front works out cheaper than paying monthly.
For more information and tips on buying insurance, visit the Association of British Insurers website