False Insurance Claims

Post on 26-Jul-2015

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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.

Auto Insurance Fraud Scenarios

Recognize and Avoid them

Drive Down

Left Turn

Auto Insurance Image Courtesy: Modest Money

Image courtesy: Ontario Ministry of Finance

Countering Insurance Fraud

Courtesy: IBM

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