What exactly is insurance fraud?
Good question! Each state defines insurance fraud differently. But fraud generally happens when someone intentionally deceives another about an insurance matter to receive money or other benefits not rightfully theirs. Here are some actions that usually aren’t frauds: • good-faith disagreement between an insurance company and consumer about a claim; • decision by the insurance company to decline your insurance application, or not renew your coverage. If you have a dispute over a claim, here are a few suggestions: • Read your insurance policy to make sure you know exactly what you are entitled to. • Write a carefully worded letter to the president of the insurance company, stating the facts of the dispute. Make sure you include vital information such as the policy or claim number and the date of loss. • If you don’t get any satisfaction from the insurance company, contact your state insurance department. • If you do not find your state insurance department helpful, contact your state le
