Young Marmalade advises against fronting
Young Marmalade, the young driver specialists, have warned parents against fronting for their offspring’s car insurance.
Fronting involves a parent insuring their child’s car, pretending the child is a named driver rather than the main driver of the vehicle.
Not only does this mean that the insurer’s risk assessment is inevitably flawed, it also means that the insurer has been deceived and can thus refuse to pay out if a claim is made.
Fronting can be easier to discover than might be thought, with many insurers simply asking neighbours who drives the car.
Young Marmalade’s research indicates that some 45% of young drivers have insured their cars through their parents, a perhaps unsurprising finding given that young men can face insurance premiums exceeding £4,000.
To help combat this, Young Marmalade not only offers specialist car insurance for young drivers, it also sells cheap cars with the policy.
An 18 year old man can acquire a one year old car with a year of comprehensive insurance and road fund licence from just £140 a month.
Category: Car Insurance News, Insurance News
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