Insurance Post

Axa warns of Christmas motor fraud

Gifts under Christmas tree

Axa has claimed December prompts huge jumps in fire and theft motor claims as one in ten consider defrauding their insurer to ease the financial pressures of Christmas.

Axa claimed that in the last couple of years, December has seen fire and theft claims for motor insurance rise by over 11% in 2009 (compared with the rest of the year) and 25% in 2010.

The company

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