The Absurd Spectrum Of Auto Insurance Fraud

Thursday, May 26th, 2016 Auto Fraud Liability

Far from a victimless crime perpetuated against bloated corporations, insurance fraud reaches into the lives of everyday citizens. It costs the industry more than $50 billion each year. Not million—billion. And insurance companies pass their expenses on to you, the everyman consumer, resulting in premiums that cost the average family $400-$700 more than they should per year. So even if you never commit insurance fraud yourself, it still hits you in the wallet. You may have heard of people burning their cars to collect insurance claims or hiding their cars far and wide and claiming they were “stolen.” However, insurance fraud gets much weirder than that.

---

https://www.thezebra.com/insurance-news/2938/the-spectrum-of-auto-insurance-fraud/

---