Parents will often go to all ends for their children, and when it comes to finding discount car insurance for young drivers, this is no exception; as many as one out of four parents either considered illegally listing themselves as the primary driver on their child’s insurance policy – or have already done so.
Listing an older driver that’s less expensive to cover on a motor car insurance policy, and then listing a teenage child as a secondary driver on the same policy, is referred to as ‘fronting’ within the insurance industry, and is considered fraud. The practice is illegal, and if caught, it could lead to the invalidation of the insurance cover – but many parents may be unaware that they’re breaking the law in order to protect their children from eye watering car insurance rates, as one out of three didn’t know if it was legal or not and one out of four thought there was nothing illegal about the practice.
One insurance expert spoke out in comment on the research that discovered the fronting figures, remarking that while the old adage of ‘ignorance is bliss’ may be true in some cases, not knowing that fronting is illegal could lead to serious consequences if caught. If you’re considering the practice as a way to save on insurance costs, you should think again, the expert added, stating that a parent may seek to save their child some money only to see them dragged into court facing charges of driving while uninsured, and it could even result in insurers refusing to provide cover to the young driver in the future if they have a record for fraud.