Drivers warned over dodgy insuranceThey could be driving illegally, warns watchdog

21 September 2006

Drivers who were duped into buying dodgy car insurance through a bogus company have been warned they could be driving illegally.

Double Easy Brokers Ltd – trading as Eeasybrokers – wasn't authorised by the (FSA) to provide insurance.

The FSA has discovered that some invalid policies were sold to consumers in the areas of Cardiff, Leeds and Southampton.

The financial watchdog said that Eeasybrokers appeared to have stopped trading but fears its policies may be on sale through franchises.

Consumer helpline

The FSA says affected drivers should arrange valid car insurance immediately. If you're concerned you have an invalid policy from this company, call the FSA's consumer helpline on 0845 606 1234.

Because Eeasybrokers wasn't authorised, consumers don't have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service.

Double Easy Brokers was reported to the FSA after it falsely claimed to be affiliated with Zurich Insurance.

It also had no connection with easymoney.com or the Easygroup group of companies even though its website was identical in style.