Insurance Fraud

There is an alarming trend of tolerance for insurnace fraud in the Unites States.

Auto insurance fraud, or accident scams, occur when someone purposely gets into an accident with you so that they can collect for damages. Here are some other tips for reducing your risk of auto insurance fraud.

Car insurance fraud adds to the cost of every consumer currently insured by a policy. Do you know the many faces of auto insurance fraud? Are you aware of the penalties and punishments associated with them?

When you exaggerate injuries or damages after a car accident and make untruthful statements on your car insurance claim, you are guilty of committing auto insurance fraud. Make sure you're aware of the consequences of fraud before you file a claim.

New York forbids both insurers and the insured to present materially false information in connection with an application for insurance or claims or other papers dealing with existing insurance policies or attempts to show eligibility for self insurance.

California has a strong stance against insurance fraud in the state. False claims and multiple other kinds of actions carry hefty prison sentences and large monetary fines. Repeat offenders of insurance-fraud laws in California get even stiffer penalties.

Medical insurance fraud in the US costs an astonishing amount of money each year. It also has a big effect on our current problem; having such a huge population of uninsured and under-insured. Are we doing enough to battle back?

Victims of car insurance fraud are usually unaware that they have been struck by a criminal and may be involved in a larger, organized crime scam without their knowledge. Follow these steps if you have been a victim of car insurance fraud.

Consider the high cost of car insurance fraud before you attempt to do it. It costs everyone in the long run. The insurance companies pass the cost down to the consumers.

Auto Insurance fraud is committed in several ways. Consumers can help protect themselves. Auto insurance fraud costs us all in higher costs and premiums.

Auto insurance business has been intruded by defrauders who are out to syphone cash from unsuspecting auto insurance companies, insured persons and prospective automobile insurance buyers.

Teenagers often learn early how to manipulate financial systems. As a parent, it is important to teach your teen how to avoid being accused of insurance fraud.

Times are hard right now. The recession has caused many people to have their hours at work shortened which in return means less pay. There are also many people losing their jobs due to the recession.

Have you ever wondered why your insurance policy goes up from time to time, even if you have not had any driving violations? One of the main reasons is Insurance fraud, which is the second most costly white-collar crime in the United States. Get the facts in this article.

If you are the insured responsible for an auto accident, it is important to know the risk factors associated with potential insurance fraud in those who file bodily injury claims.

There is fraud in insurance when a person or company intentionally lies to acquire an advantage or benefit or when someone intentionally avoids or denies someone some benefit that is due to him. In short, insurance fraud is a crime, particularly a class six felony.

Automobile insurance fraud has been around since the first car was built, and unscrupulous individuals find new ways to do it every day. Unfortunately, following the law explicitly cannot protect you from suffering damages at the hands of insurance fraud.

The crimes of staging auto accidents and faking medical treatment have become a cottage industry in our cities. Here is a blow by blow description of how such fraud is committed.

I came across an article in a Kenyan newspaper, www.nation.co.ke, which talked about the most powerful word in the world. It appears so simple, yet pose such power in one’s life that it can alter a desired outcome, if used appropriately

Owners are collecting pet insurance by hurting, killing or filing claims for animals that never existed.

Death and taxes are always with us. Find out how this group of people tried to use one, avoid the other and still make some money in this funeral fraud scam.

The reason that rates are so high with auto insurance companies has a lot to do with many different variables that are present with insuring automobiles.

A recent Colorado bill will increase funding to insurance fraud prevention.

Auto insurance fraud provides a major challenge to the car insurance buyers and seller and it has to be tackled in a an intelligent manner.

Insurance providers impose higher rates because young drivers are, statistically speaking, more likely to be involved in an auto accident. Here's what you can expect when you add a young driver to your insurance policy.

In order to carry out a sound auto insurance business, both the buyers and sellers need to understand the extend to which fraud transforms itself into the insurance sector.

When a person commits any type of insurance fraud, the consumer is the one who pays the ultimate price for that fraud.