Author : Victor Popescu
A study conducted by DVLA in collaboration with ABI revealed that at least 17% of motor insurance customers produced false driving license information when applying for cover online. Their research concluded that 1% of those customers don't even hold a valid driving license.
This fact influences other honest customers which have to pay higher premiums as a consequence. This research comes hand by hand with the initiative from regulatory bodies to grant insurers more access to their customer's driving licence data.
The new proposals will change significantly the on-line quote system as customers will no longer have to input their driving record details but will only provide their licence number instead. The insurers will then be able to obtain the customer's driving records, prior to giving a quote , directly from DVLA database.
The move suppose to cut down fraud levels and as a result will lead to a decrease in insurance premiums.
Nigel Bartram, Aviva UK insurance motor underwriting manager , advises that it is crucial to keep the initiative moving faster as the problem will become more acute when it becomes an offence to keep an uninsured vehicle next year.
According to the news of the initiative, around 10 % of applicants for Swiftcover insurance do not divulge all of their previous claims and that 60 % of the those customers do not renew their policies.
Because there was no real progress since the change of government in May, Trudgill will meet during this month with junior transport minister Mark Penning, who oversees DVLA, and will be trying to put pressure on him in order to be more dynamic in the project.
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