10% of Brits Consider Making False Insurance Claim

The latest survey performed by MoneySupermarket revealed that 10% of Brits affected by the recession consider making a fraudulent claim to their insurance company.

Of the 4.3 million people who consider committing a fraud, 780,000 people have already done so at least once in the past 5 years.

The study found that the vast majority of fraudsters lives in the North East and the North West, and that men are more likely to commit fraud than women. Most dishonest holders of insurance are under the age of 35.

Commenting on the findings, Peter Harrison of MoneySupermarket, said that "no matter how tempting, fabricating a claim for a payout is illegal and you could face being prosecuted as a result."

Let us remind that UK insurance companies are very serious about insurance fraud and have special procedures in place to detect and fight fraud.

Fraudsters who have been caught and proven guilty usually have to pay heavy fines and find it extremely hard to get insurance cover in future.