Experts on finding discount car insurance for young drivers have recently come together to provide answers concerning the growing problem of fronting in the UK.
Described as declaring someone other than the the main driver of an insured car as the policy holder, ‘fronting’ is most often used by the parents of adult children as a strategy to get their son or daughter cheaper car insurance.
Parents will sometimes insure a car and declare themselves as the main driver of that motor vehicle, which will reduce the car insurance rates for the car. Then they allow either their son or their daughter to be the primary driver of the vehicle. As the majority of car insurance companies consider this fraudulent behaviour, it could result in the invalidation of the insurance policy if the truth ever comes out.
Insurance industry experts advise parents to choose not to engage in such activities. The most important thing is to be as truthful as possible with your insurer at all times and this means that if your child of driving age will indeed be the primary motorist then this information needs to be disclosed clearly at the inception of the policy. Doing otherwise could result in the rejection of a future claim, which could be several thousands of pounds more expensive than the increased premiums associated with an inexperienced driver.
Young male drivers are already much more expensive to insure due to the statistically significant increased likelihood of them being involved in a road traffic accident. In order to combat these increased costs some insurers and brokers have begun to offer deals wherein a young motorist can prove their responsible nature by having a so-called ‘black box’ telematics device installed in their cars. The device monitors their motoring habits and rewards safe drivers with a discount in their insurance premiums.