False Insurance Claims

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  1. False Insurance Claims Insurance fraud is a serious issue. The Coalition Against Insurance Fraud estimates that nearly $80 billion in fraudulent claims are made in the…
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  • 1. False Insurance Claims Insurance fraud is a serious issue. The Coalition Against Insurance Fraud estimates that nearly $80 billion in fraudulent claims are made in the United States each year. Add to that the number of incidents that go undetected and unreported. Insurance fraud is perpetrated on all lines of insurance. Insurance fraud affects both the insurers and the insured economically and, potentially, violently. Bogus claims and fraud prevention costs insurers billions a year. This cost often trickles down to the consumer through higher insurance premiums. At its extreme, fraud can involve personal injury, serious property damage, or even murder.
  • 2. Auto Insurance Fraud Scenarios Recognize and Avoid them
  • 3. Drive Down
  • 4. Left Turn Auto Insurance Image Courtesy: Modest Money
  • 5. Image courtesy: Ontario Ministry of Finance Countering Insurance Fraud Courtesy: IBM
  • 6. The Alabama State Fire Marshals Office asks that anyone with knowledge of insurance fraud contact them through its online tip form. All information reported to this office will be held in strict confidence www.quoteshark.net Alabama
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