Wednesday 20th September 2006
The Financial Services Authority (FSA) is warning customers that their car insurance policies may be invalid.
The FSA has said that motorists who have bought vehicle insurance from Double Easy Brokers must arrange alternative cover immediately.
That is because the firm, which has no FSA authorisation, is said to have been offering the public invalid car insurance policies.
Double Easy Brokers claimed affiliation with Zurich but is not believed to have been linked with the firm in any way.
A number of drivers from Leeds, Southampton and Cardiff are believed to have bought up the policies.
Although the company, which operated under the Eeasybrokers moniker, is thought to have ceased trading, there are fears that policies may still be sold through other intermediaries and franchises.
The warning is a reminder to motorists that they must do their research and shop around when looking for car insurance deals.
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