Posts Tagged ‘Fraud’
Florida Car Insurance Rates Could Change After Recent Fraud Crackdowns
December 2nd, 2011
One of the largest problems facing the auto insurance industry is the continued rash of fraudulent or exaggerated claims made by unscrupulous policyholders. Cheap car insurance may become a thing of the past as more and more of these claims are made and insurance companies have to pay out millions not only to try to prevent the fraud from happening, but also to those who are successful in getting a fraudulent claim through.
Tags: Car Insurance, Fraud
Posted in Insurance Quotes | No Comments »
Motor Vehicle Insurance Fraud – How to Deal with Bogus Claims
February 4th, 2010
Motor vehicle insurance fraud is a huge problem being faced by almost every insurer in every state. At most times, this is not because of some lapses committed by company employees – as time passes, swindlers have become more and more skilled and creative in making their moves against an unknowing target.
However, most of the time, these cheats are found out by insurance investigators and reporters. However, finding them out is one thing. Dealing with the case is another.
Now, what can a provider do with a case like this?
Reject the demand. Of course, they can expect an appeal or a request to reconsider.
Tags: Fraud, Insurance Fraud, Vehicle Insurance, Vehicle Insurance Fraud
Posted in Motorcycle Insurance | No Comments »