What is ghost broking?

Ghost broking is a type of insurance scam where individuals or companies pose as legitimate insurance sellers but offer cheap rates that are often too good to be true. These policies are often completely bogus, invalid, or cancelled soon after purchase.

How can I protect myself from ghost broking?

To protect yourself from ghost broking, it's essential to be cautious when buying car insurance online. Use the FCA Firm Checker to confirm a broker is authorised, and be wary of suspiciously cheap policies. Check the broker's website, phone number, and address to ensure they are legitimate, and don't be afraid to ask questions.

What are the consequences of driving without valid insurance?

Driving without valid insurance can have serious consequences, including prosecution, fines, or having your car seized. According to the FCA, driving without valid insurance can cost drivers far more than any premium.

How can I report a ghost broking scam?

If you suspect that you have been a victim of a ghost broking scam, you should report it to the FCA and the Insurance Fraud Bureau. You can also contact the police and provide them with any relevant information.

What is the FCA doing to combat ghost broking?

The FCA is working to combat ghost broking by increasing awareness of the issue and providing guidance to consumers on how to protect themselves. The FCA is also working with social media influencers to warn young drivers about the growing threat of ghost broking.

What is ghost broking?

Ghost broking is a type of insurance scam where individuals or companies pose as legitimate insurance sellers but offer cheap rates that are often too good to be true. These policies are often completely bogus, invalid, or cancelled soon after purchase.

How can I protect myself from ghost broking?

To protect yourself from ghost broking, it's essential to be cautious when buying car insurance online. Use the FCA Firm Checker to confirm a broker is authorised, and be wary of suspiciously cheap policies. Check the broker's website, phone number, and address to ensure they are legitimate, and don't be afraid to ask questions.

What are the consequences of driving without valid insurance?

Driving without valid insurance can have serious consequences, including prosecution, fines, or having your car seized. According to the FCA, driving without valid insurance can cost drivers far more than any premium.

How can I report a ghost broking scam?

If you suspect that you have been a victim of a ghost broking scam, you should report it to the FCA and the Insurance Fraud Bureau. You can also contact the police and provide them with any relevant information.

What is the FCA doing to combat ghost broking?

The FCA is working to combat ghost broking by increasing awareness of the issue and providing guidance to consumers on how to protect themselves. The FCA is also working with social media influencers to warn young drivers about the growing threat of ghost broking.

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Ghost Brokers: The Hidden Dangers of Fake Car Insurance

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