What Are Some Common Types of Auto Insurance Fraud?
Failure to maintain adequate auto insurance coverage for your vehicles may result in high fines and liability if you are involved in an accident since new stringent laws make the owner of a vehicle responsible for insurance coverage for their vehicle. With all the new insurance laws to protect you the driver and the purchaser of your auto insurance policy, they are still many people on the road who choose to try and “cheat ” the system and attempt to collect compensation illegally. Even those people who falsely claim damage to their vehicle when they have not been in an accident, or exaggerate the damages made are guilty of insurance fraud and will be prosecuted. There are many groups of people on the road today that intentionally set up accidents to their advantage and make fraudulent claims thereby causing the insurance rates to go up even higher. These fraudulent claims can be anything from setting up an “intentional” accident, setting fire to their vehicle or flooding it. These peo
