Business, Investment, & Insurance Forum
Frauds in car insurance? - Printable Version

+- Business, Investment, & Insurance Forum (https://investmentforums.net)
+-- Forum: Insurance Forums (https://investmentforums.net/forumdisplay.php?fid=3)
+--- Forum: Car Insurance (https://investmentforums.net/forumdisplay.php?fid=6)
+--- Thread: Frauds in car insurance? (/showthread.php?tid=388)



Frauds in car insurance? - Henrywrites - 11-06-2023

Corruption and fraud are also seen in car insurance matters. When it comes to getting your car insured,  what do you think are the frauds that one should always be on the look for go avoid being scammed as they attempt to get their car insured?


RE: Frauds in car insurance? - Jane - 06-10-2024

Some common types of car insurance fraud include:
Staged Accidents: Fraudsters intentionally cause accidents to make claims.
Exaggerated Claims: Inflating the extent of damages or injuries.
False Injury Claims: Claiming nonexistent injuries or exaggerating minor ones.
Phantom Passengers: Claiming for nonexistent passengers.
Fronting: Listing someone other than the primary driver to reduce premiums.
Vehicle Dumping: Disposing of a vehicle and claiming it was stolen.