May 29, 2009

More disturbing news of casual dishonesty in the UK this week as the latest in-depth research from aggregator moneysupermarket.com shows 19% of parents happy to front their kids’ motor insurance.

Then again, maybe it’s blissful ignorance rather than immorality fueling this dubious practice. The same unimpeachably objective research exercise revealed that 31% of drivers believe it is legal to register their offspring’s vehicle in their name and add them as a second named driver.

Only 34% of those surveyed by monkeysupermarket.com were aware the practice is illegal, with the remaining 35% firmly in the don’t-know camp.

Bliss, however, is no defence in the eyes of the law, and those frontin’ for the kids could be in for a rude awakening.

“It’s staggering,” says Steve Sweeney, head of motor insurance at moneysupermarket.com, “to see the lack of awareness around the practice of fronting – how worrying that such a large percentage of motorists think it is either legal to do so or don’t even know.”

“London and Wales are the worst,” the survey findings suggest, “where only 15% and 17% respectively would tell the truth to their motor insurance provider.”

If that’s not worrying, Bankstone News doesn’t know what is!



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