Now that more and more people have become too desperate on getting some money even illegally, it is not surprising as to why you can easily see the rapid increase of insurance frauds. This is just one of the primary reasons why there is a need to be getting the help of the insurance fraud investigators that are the best at what they do. But before highlighting the importance of insurance fraud investigators, this article will give you some of the basic facts about insurance frauds and their different kinds.
Are the policyholders being made to pay for these insurance fraud claims?
In a year, statistics show that insurance claims that have been found to be fraudulent amount to more or less 1.9 billion pounds for one year. This, in turn, has been shown to be adding more or less 44 pounds of the yearly cost that is being paid among the policyholders.
This is an additional cost that insurance companies never want their policyholders to pay for that is why it has been shown that fraud investigation has become of great priority.
The following are some insurance fraud cases that you might have come across that have become very common in almost all parts of the world.
Forcing car accidents to happen in the hopes of being compensated by the insurance company
This is most of the time already happening in a lot of places that have been found to be common case of insurance frauds that the claimants are making.
For this type of fraudulent case to play out, you can observe that the offender will be deliberately putting their car to crash with another car with the goal of having the other car owner pay them with the coverage of their insurance company. These offenders do this assuming that they will be the ones to be paid by the insurance company in the form of compensation, courtesy cars, or court costs.
This is the part where a good insurance fraud investigator comes into the picture. You can see insurance fraud investigators to be the ones taking the job of providing that the car accident was really not intended by coming up with the best evidence most especially pictures that will prove the car accident to really be one.
The insurance fraud investigator must be able to come up with adequate statements of the facts and the accurate location map that will include the detailed photos as well as reports of the car accident. Additionally, it is a must that they not only sketch the scene to be exact but will also be bringing to the court some witnesses such as the police and the people who have seen the entire thing take place.
In terms of the evidence that will be provided forth by the insurance fraud investigator, it has to be something that is worth seeing in the court of law and that will be very detailed in case it will be used by the lawyer in charge of the entire case.