Insurance fraud 'increases costs for honest customers': "Those looking to make a fraudulent claim on their insurance are pushing up costs for honest consumers, it has been claimed.
According to the Association of British Insurers (ABI), insurance fraud accounts for some £1.6 billion every year, which in turn adds an average of 40 per cent to premiums paid every year by truthful policyholders.
Director of general insurance and health for the ABI Nick Starling said: 'Honest customers should not have pay for the cheats.'"
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