With finances tighter than they have been for 15 years thanks to the economic downturn, consumers are rightly looking to save money wherever they can on everything from consumer goods to insurance.
Unfortunately however, around a quarter of people are using the method of fronting to reduce their car insurance premiums.
Fronting is when a person listed as the main driver on a car insurance policy is actually a secondary driver. It's a particularly popular tactic among drivers under the age of 25 who list their parents as the main driver on a policy because young driver's car insurance tends to be so expensive. However, while fronting is not a criminal offence, it is frowned on by insurers and if discovered would lead to an insurance policy being voided.
Unfortunately, more than one in ten 18- to 24-year-olds admitted that despite the dangers they would not be deterred from fronting - even though being deemed uninsured would be breaking the law.
However, there are better ways for young people to save money on car insurance. For example, a number of insurers offer discounts for drivers that undertake the Pass Plus course immediately after completing their driving test. This could lead to savings in the region of 35 per cent.
Driving a small car with a moderate engine and limited modifications, or no modifications at all, is a fast route to lower insurance premiums. Security is also vital - so fit a car alarm and an immobiliser to save. There are also many insurers that offer rapid bonus schemes to young drivers, allowing them to earn a full year's no-claims discount in around nine months.
Youngsters wanting cheap car insurance should take full advantage of the internet - statistics show that using a comparison website to compare car insurance can help drivers find the cheapest quotes available. |
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