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Used car dealer runs ...
Insurance scam in South

By JOELINE THOMAS

TAXI-driver William Rochard has complained about an insurance scam with a well-known car insurance company in San Fernando.

Rochard, who has been a taxi-driver for several years, told TnT Mirror that he innocently fell victim to what he viewed as an organised scam.

The man said he saw a Honda Elantra motorcar for sale while searching through the Classifieds of a daily newspaper.

The two valid copies of the insurance policies.

The two valid copies of the insurance policies.

He became intrigued by the price of the car and decided to check it out.

The Port of Spain resident found himself in Cunupia where he met the car salesman who told him that he was not the real owner of the vehicle, but was responsible for selling the car.

Upon his personal inspection of the vehicle, the man decided to purchase the automobile.

The car had already been inspected and passed up until 2008 and that also prompted him to make the purchase.

Rochard revealed that he paid an instalment of $16,000 on the car, which was priced at $40,000.

He later received the car, along with other documents sanctioning his purchase.

The taxi-driver also pointed out that he received two separate insurance policies for the same car.

He said: “The car has a valid third party private (PH) insurance policy and it also has a valid hired (H) licence as well.

“Both policies were done within roughly 10 minutes of each other,” he insisted.

“On the two policies there were statements of the date and time when the policy was approved, both of which were on the same day and authorised by the same agent.

The man became alerted by the two valid insurance policies for the same car and brought it to the salesman’s attention.

The salesman informed him that he could drive with both policies.

However, Rochard felt that the two policies could have gotten him in difficulty with the law if he was pulled over by police.

“The salesman told me that most of his vehicles carry two or three insurance policies,” he said.

“I told him that for the past 21 years that I have been driving I never heard of anything like that.”

The man further pointed out that he has his own personal insurance policy and only pays $400 per year on it, as he has never gotten into an accident.

Rochard became annoyed and insisted a refund of the $16,000 already paid on the car.

He said: “I told him that I am not into that insurance racket and I would like to have all of my money back.”

The salesman told him that he would receive the refund only if he produced the bill.

“I gave the bill to my friend and he received a sum of only $14,000.

“When I asked for the missing $2,000 my friend said that the man informed him the $2,000 was taken out to pay for the two insurance policies on the vehicle.

“All his customers must pay $2,000 for the insurance policies, which only last for six months

“Whenever he refunds clients their money, they must still pay for the various policies that they didn’t know about until the purchases were made.

“This is an organised scam,” he ended.

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