Children using parents car insurance getting older

In the past 12 months, the average age of a child registering themselves as a second driver on their parent’s car insurance policy has shot up from 25 to 31 years old, according to new research from uSwitch.com.

In an effort to save money as the recession takes it toll, an increasing number of young adults are turning to their parents for financial assistance .

Many young drivers will put themselves on their parent’s insurance policies to avoid paying the higher premiums which insurance companies insist that less experienced drivers pay. Being named on a parent’s policy is a legitimate practice, providing that the child in question is not the main driver of the vehicle .

It is however illegal for a child to purchase and register a vehicle and then claim that one of their parents is the one who mainly drives it, in order to save on insurance, which is a fraudulent practice known as ‘fronting’.

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