The Financial Conduct Authority (FCA) warns drivers—especially younger motorists—about “ghost broking,” a car insurance scam in which fake insurance brokers or intermediaries sell policies online. The FCA says some scammers use social media and messaging platforms to offer insurance deals that appear attractive or “too good to be true.”
According to the reports, these “ghost brokers” can be linked to bogus coverage, leaving victims without valid insurance when they need to make a claim or even when they are involved in an incident. The FCA’s message focuses on caution when approached by brokers or sellers online, particularly through informal channels such as direct messages or ads.
The outlets also highlight that the scam trend targets people who may be searching for insurance quotes, often leading them to consider offers without proper checks. The FCA’s warning urges motorists to be wary of unverified brokers and to take steps to confirm that any insurer or intermediary is legitimate before buying a policy.
