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A Queens, New York, woman alleged that a road collision on Wednesday, Oct. 16, involving her car and another vehicle captured on dash cam video was staged as part of an insurance scam.
Insurance fraud is on the rise. Stay protected, drive smart, and make sure you've got the evidence on your side with the right dash cam for your needs. That Viral Insurance-Scam Crash Video Shows ...
A staged crash, or crash for cash is when criminals maneuver unsuspecting motorists into crashes in order to make false insurance claims. The cars generally suffer little damage in relation to the large demand that is then fraudulently submitted. According to the Coalition Against Insurance Fraud, staged car crashes are a growing criminal problem.
Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...
Your car insurance typically covers family members and friends who infrequently borrow your car, but understanding the coverage limits helps protect you from unexpected costs.
Most basic car insurance policies consist of six types of coverage, according to the Insurance Information Institute: bodily injury liability, personal injury protection, property damage liability ...
Insurance fraud includes a wide variety of schemes in which insureds attempt to defraud their own insurance carriers, but when the victim is a private individual, the con artist tricks the mark into damaging, for example, the con artist's car, or injuring the con artist, in a manner that the con artist can later exaggerate.
The suspects provided video footage to the insurance company, which showed "the alleged bear" in the vehicle, a news release says. 4 arrested in California car insurance scam: 'Clearly a human in ...