Burnt out vehicles
Industry fears about an increase in fraudulent 'burnt out' motor claims, related to the COVID19 pandemic and associated economic hardship, saw us monitoring the situation closely throughout lockdown to keep our insurer clients informed. Our data shows an increase of almost 100% for approximately 4-5 weeks from the start of lockdown with levels more recently returning to a normal rate. The below graph depicts Category A 'burnt out' vehicles based on % of total instructions received over the period.