Car Insurance Fraud Costs All of Us

On average, insurance fraud costs each of us about $1,000 per year. That’s a lot of money that could go back in our pockets if fraud and its associated costs could be eliminated. The fact is that last year, car insurance fraud cost the industry 80 billion dollars and the unfortunate truth is that number is growing every year.

QualityAutoInsurance.com is a leader in aggressively fighting insurance fraud. We know that if we can substantially reduce the incidence of fraud that our customers, as well as our industry, will all benefit. We have an aggressive anti-fraud policy and partner with fraud investigation organizations that monitor suspicious activity and keep law enforcement agencies in the loop. Every year, thousands of people are convicted of insurance fraud and many others lose frivolous cases due to investigation of their faulty claims.

Common forms.
There are many different fraud schemes and actions perpetrated by individuals of questionable character looking to make a “quick buck”. Some of the most common forms include:

- Following an accident, claiming that the damage is beyond what was actually sustained.
- Falsely claiming injuries or inflating claims of injuries following an accident.
- Submitting false or inflated medical bills.
- Intentionally causing an accident or staging an accident in order to make false claims.
- Reporting a vehicle as stolen when it has not been.
- Taking out a policy after an accident or loss has occurred and then submitting a claim with a false date.

Protect yourself.
There are steps you can take to help protect yourself from individuals who wish to perpetrate insurance fraud. If you’re in an accident, make certain to document the details of the accident including how the other driver was acting immediately following the incident. Often individuals attempt to perpetrate false claims following a legitimate collision claiming extensive injuries requiring long-term medical care. Make sure you get the names and phone numbers of any witnesses to the accident. You might even consider taking photographs of the scene using your cell phone if it has a camera. And, of course, make sure to get all the information from the others involved in the accident including their license number and driver’s license data. Many insurance carries provide an “accident report form” that you can keep in your glove compartment. It can help you remember things you need to document at the time of the incident. You may also want to make a printout of QualityAutoInsurance.com’s Car Crash Cribnotes sheet and keep it in your vehicle.

To get cheaper car insurance, you need to compare rates from different carriers. The savings could be significant. QualityAutoInsurance.com provides you with instant, online quotes from top tier carriers so you can get the best deal.