An Intro to Low Cost Car Insurance - Fake Car Accidents
While searching for cheap auto insurance and discounts, it’s important to keep in mind that some car insurance companies will be quite paranoid, particularly the ones that were the target of insurance fraud in recent years. So it helps to learn about this problem in order to better comprehend where a vehicle insurance company might be coming from when they’re being quite cautious.
Like all classes of insurance providers, those who offer vehicle Insurance are worried about the issue of insurance fraud. Both motorists as well as insurers have been known to be culprits in car insurance scams of this sort. The objective of course is to steal as much money out of the vehicle insurance companies as possible.
And given these concerns, auto insurance companies have created a list of terms for different kinds of auto Insurance crime.
T-Bone Car Insurance Fraud - This particular kind of car Insurance con requires quite a lot of careful planning as well as quite a few fake witnesses. It’s basically intentional car crashes, usually at an intersection. When the police reach the scene, the false witnesses will play their part and tell the police about how the victim of the fraud was the one who caused the collision.
Shady Helper - This kind of auto Insurance fraudrequires an actual accident. And after that, a stranger will contact the victim of the con to advice him about which doctor to consult or which mechanic to get repairs from. The doctor and repair shops are - as you might think - part of the con. They are meant to falsify the victim’s claim in order to get some cash out of the victim’s car insurance company.
Total Vehicle Destination Car Insurance Fraud - This sort of vehicle Insurance fraud works by creating false information with regards to the amount of collision damage to his vehicle or property so as to get additional money from his auto insurance policy.
Phantom Vehicles Car Insurance Fraud - With this kind of auto Insurance crime, a motorist makes falsifiedpapers and registration information for a car that does not even exist. Afterwards a certain period of time has passed, the culprit will begin making a claim that the vehicle has been been lost due to car theft. And as you might imagine, this type of auto Insurance crime applies only on those policies which cover automobile theft.
Swoop and Squat Car Insurance Fraud - This particular particular scheme involves causing an actual car accident with an unwitting victim. The whole thing works with the perpetrator driving his car straight ahead of the unwitting victim’s vehicle while his partner creates a situation where the innocent victim is forced to make a sudden halt, which then causes an accident. The perpetrator and his or her group will then file personal injuries and car damage claims on unwitting party’s insurers.
