What is Car Insurance Fraud?

In today’s society, it can be scary to think that there are insurance frauds that can affect anyone, but they exist. Neighbors Insurance Agency in Miami can provide you with some information regarding car insurance fraud. This can come in many forms but the gist is this: someone suffers because of someone else’s selfishness. Insurance fraud is never something to […]

In today’s society, it can be scary to think that there are insurance frauds that can affect anyone, but they exist. Neighbors Insurance Agency in Miami can provide you with some information regarding car insurance fraud. This can come in many forms but the gist is this: someone suffers because of someone else’s selfishness. Insurance fraud is never something to take lightly and it is important for consumers to stay alert for scams that may try to trick them. If you are interested in learning more about this or the car insurance Miami trusts, contact us at Neighbors Insurance Agency today.

Understanding Car Insurance Fraud

Car insurance fraud can come in many forms. While people typically think of fraud as something that is done by falsifying accidents or claims in order to gain funds, this is not the only case of fraud that exists. In fact, there are various different forms of fraud. For instance, there is hard and soft fraud. Hard fraud is the type that most people are familiar with where people completely and knowingly falsify information in order to gain insurance money. Soft fraud, on the other hand, is a little more complicated. It is when people exaggerate injuries or even falsify documents in an attempt to make a real claim pay out more money. This type of fraud is still considered fraud, though it is not as severe as hard fraud.

Fraud can also come in various scenarios. For instance, someone may pretend to have been in the car of a car accident to gain insurance money. Another scenario is someone abandoning their car and claiming it as stolen in order to get money from their insurance company. Still another example is when someone stages an accident in order to get money from someone else’s insurance.

Do You Need the Best Car Insurance Miami Has to Offer?

At Neighbors Insurance Agency, we value our customers. We know the cost that car insurance fraud can have on their premiums and we do not tolerate it. Hundreds of extra dollars are spent every year by each subscriber to pay for fraudulent claims. However, we work hard to make sure that you never have to worry about insurance fraud. We want every penny that our customers spend to be paid back to them for real claims they may have, not for fraudulent claims they have no business getting paid for. If you would like to learn more about our commitment to our customers, contact us today.

Contact Us

Neighbors Insurance Agency is an insurance agency that is based out of Miami but we serve the entire state of Florida. Car insurance fraud is all too common, but it can be stopped as long as people are actively trying to stop it. We want to inform our customers so that they can make sure to stay on top of any potential fraud they may come across. To learn more about fraud and how you can prevent it, contact us at Neighbors Insurance Agency for more information from the car insurance Miami trusts.