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Look carefully at auto coverage before falling prey to scammers

Drivers should look carefully at the fine print of their auto coverage before handing over sensitive details to apparent industry traders warning that their vehicle warranty is about to expire or offering discount deals on new cars.

That's the message from experts as the current turmoil in the U.S. car market leaves owners of American cars jittery about the future maintenance of their vehicle.

Scammers are apparently looking to exploit those concerns by circulating fraudulent messages about car warranties or discount deals which require the disclosure of personal information. These emails are examples of so-called phishing attacks that attempt to steal consumers' identities.

Peter Horan, CEO of spam protection company Goodmail, said consumers should be skeptical of requests for sensitive personal information or offers that seem too good to be true.

The recent bankruptcy filings of auto giants GM and Chrysler left many reeling from the sharp downturn in fortunes of two companies long seen, together with Ford, as the global face of American car manufacturing.

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