Caravan owners foot the bill for fraud
Caravan owners are being penalised after a rise in false claims
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Wednesday, 24, Feb 2010 04:41
British caravan owners are having to foot the bill for insurance fraud, it has been revealed.
According to the Caravan Club, the British Insurance Brokers' Association has said that the UK's caravanners are being penalised for a rise in the number of false claims.
Technical services manager Steve Foulsham told the organisation that unlawful claims have meant that policy providers have been forced to up their prices to avoid losses.
"We are at the point where insurers have said 'enough is enough' and decided they need to retain some kind of profitability," he said.
The average cost of insuring a caravan in the UK is £564.69, according to Office for National Statistics Retail Price Index figures.
This represents a 19.6 per cent rise from January 2009 and may be down to the fact that fraud cost the UK economy around £2 billion during 2009.
In other news, the National Caravan Council has told politics.co.uk that raising the maximum width of UK caravans to 2.55m this year may put British manufacturers at a commercial disadvantage compared to their European counterparts.