Did you know there’s been a recent resurgence of ghost brokers selling fraudulent auto insurance policies in the UK? If insurance coverage seems too good to be true, it probably is. Ghost brokers often target young people online offering fake auto insurance at significantly cheaper prices. In Ontario, brokers need to be licenced by RIBO to sell insurance.
Protect yourself by confirming your broker is legally licensed before you do business with them. To see if your broker is licensed: https://fal.cn/3qakx
Report incidents of fraud by filing a complaint with RIBO and by contacting your local police. To file a complaint with RIBO: https://fal.cn/3qakv