Car Insurance Fraud

Car insurance fraud is any dishonest dealings you have with your car insurance company.

Car insurance fraud. If youre in any doubt at all about how changes to your circumstances might affect your insurance policy contact your insurer. However you and i can help make this situation better by becoming aware of what insurance fraud really is and being willing to report it when we see it. Insurance fraud whether organised or opportunistic undermines this pooling system because it depletes the funds paid by honest customers leading to higher premiums. Read our crash for cash report.

These usually mean some form of exaggeration on the claim or a lie on the insurance application. But even when youve done all the right things you are still susceptible to car insurance fraud. If youre in any doubt at all about how changes to your circumstances might affect your insurance policy contact your insurer. Using technology and data.

The insurance industry is proactive in fighting fraud. Read the latest news statistics and reports connected with the ifbs work fighting insurance fraud. Most car insurance fraud convictions are misdemeanors and for what is generally termed soft fraud. Car insurance fraud is any deception committed against an insurance company for financial gain.

Car insurance fraud 101 as a driver you have a number of things to focus on. Learn how to protect yourself from the worst auto insurance frauds. We are an independent advertising. Fraud is illegal in all 50 states and insurance companies like ours do all we can to investigate and expose fraudsters.

If you provide false or misleading information during the quote process you will be issued a policy based on car insurance fraud. The ifr is the latest step in the ongoing battle against insurance fraud. Detected and undetected fraud is estimated to cost european insurers and their honest customers 13bn a year. You can report insurance fraud to the ifb.

Car insurance fraud is a serious offence. Supporting police and the insurance industry. With applications lies can vary from where the car is stored on the street instead of a garage using someone elses name to purchase insurance lying about driving convictions or the. 8 extreme cases of insurance fraud.

9 2011 advertiser disclosure. Choosing the right car insurance coverage paying your premiums and avoiding accidents. Car insurance fraud is something that affects all of us by raising our rates and influencing the types of coverage or insurance providers offer. Car insurance fraud is when someone lies to the insurance company for financial gain.

When we do report it there is some specific information well need in order to help facilitate.