Auto Insurance Fraud Prevalent
Posted on June 11th, 2011
Bristol West Insurance has a link on their page to The Coalition Against Insurance Fraud website with some useful information for consumers discussing how prevalent auto insurance fraud really is. One particular article discusses how even minor “fudging of details” can be considered fraud and ends up costing insurers and ultimately consumers a lot of money.
Auto insurance fraud is not only committed by hardened criminals or fraud rings. Many normal and generally honest people commit fraud through leaving out or changing minor details. Some people feel they are owed more because of all the premiums they have paid so they tell a little white lie to get a little extra money. They feel it’s a small amount and won’t hurt anyone. The truth is, with so many people thinking this way, the losses to the insurance companies can really add up and at this point the costs are passed on to the customers through higher auto insurance quotes.
Ask yourself if you may have fudged the details just a bit in your favor. Here are some questions to determine if you may be guilty of insurance fraud. Have you ever underestimated the amount of miles you drive to work? Have you ever said you park your car in a garage when you do not? Have you let an auto repair shop inflate your bill to recoup your deductible? Have you ever inflated the value of items in your car or home when filing a claim? These are just a few examples of minor fraud violations that add up and really do end up costing everyone more money. When you know better, you do better so, ensure you are as accurate as possible with your insurance company.
Similar Posts:
- Consequences of Auto Insurance Fraud
- Where To Find Best Cheap Auto Quotes In 2010
- Quotes On Auto Insurance for Pay-As-You-Drive
- Florida Auto Insurance Quotes: Bills Going Through
- Proposed Law in Missouri Aims to Hold Uninsured Non-Resident Drivers Accountable
Tags: Auto Insurance, Auto Insurance Fraud, Insurance Fraud, Prevalent
Filed under Car Insurance News |