You might not know it but it has become a common scam among popular countries in the world to be fooling their insurance plan providers. You will not have to wonder anymore why you can easily more and more people seeking the help of insurance fraud investigators. Even so, before delving further on insurance fraud investigation, below are some things that you need to know first about insurance fraud and why it has become a rampant case all over the world.
Now, how much are these insurance fraud cases costing policyholders?
Based on recent research, insurance claims that are fraudulent have been shown to amount to more or less 1.9 billion pounds annually. This is the reason as to why policyholders are set to pay per year an average amount of 44 pounds.
It is not surprising at all why more and more insurance companies are doing their best to steer clear from this add-on expense on the part of their policyholders; hence, the need to ensure that insurance fraud investigation becomes a priority.
Here you will find a list of insurance claim frauds that are appearing on the headlines of popular magazines.
Forcing car accidents to happen in the hopes of being compensated by the insurance company
Crashing your car with another car and flipping it out to be an accident has become a common insurance fraud case among several places in the world.
With this insurance fraud case, the scam artist will be the one to be putting at fault the other car owner in order for them to be paid by the insurance company. For these types of cases, you will find out that the offender is thinking that they will be covered by the insurance company in the form of courtesy cars, compensation, or court costs.
Usually, this will be the time that the insurance company will be getting the help of an insurance fraud investigator. A good insurance fraud investigator makes sure that this is something that they can prove to the best of their ability so that the insurance company will not become a victim of insurance fraud at all.
The insurance fraud investigator must be able to come up with adequate statements of the facts and the accurate location map that will include the detailed photos as well as reports of the car accident. Moreover, it will be their job to be having the exact scenario narrated based on the point of view of the police officer as well as the people who have become witnesses of the said incident.
The best insurance fraud investigation is one that will ensure to get the best details of the car accident case and provide only the best details to the lawyer and their insurance fraud investigators.