Mark Allen, fraud and financial crime manager at the Association of British Insurers said drivers face a “financial headache” if they are caught.
He revealed insurance firms will usually not punish innocent mistakes but would crackdown hard on those found to be deliberately breaking the law.
He said: “The consequences include getting a criminal record and a massive financial headache if found to be at fault for a crash.
“The risks are just not worth it – especially when you can shop around for the right policy at the lowest price.”
However the scheme is popular among parents who are desperate to help their son or daughter cut costs.
Published at Fri, 24 Jul 2020 06:51:25 +0000