What is an Insurance Fraud Investigation?
An insurance fraud investigation is a type of fraud investigation that centers around attempts to benfit from decietful claims. Seeking compensation for false or inflated claims is illegal, dangerous, and raises the price of insurance for everyone.
According to the Coalition Against Insurance Fraud, an estimated $80 billion is paid out annually in fraudulent insurance claims. This leads to the average household paying around $950 each year in higher premiums. In addition, being held liable in a staged accident can increase your risk of being sued.
The prevelence of this type of fraud has resulted in insurance companies acting with caution when paying claims, meaning you may need professional help when making your claim. An insurance fraud investigation aids by revealing false claims. Don’t let your insurance premiums be a waste of money; use a private investigator to safeguard your insurance privileges.