You might groan each time you get your car insurance bill, knowing it’s a necessary evil.
But you may not know that you’re actually over paying for protection thanks, in part, to scammers. One in three car insurance claims from crashes is likely fraudulent due to staged accidents and other schemes. WAVE 3’s Carrie Weil has more on insurance fraud.
Car accidents happen every day, in every town — and so does insurance fraud. “It is so hard to get people interested in this issue because people think it’s OK,” said Julie McPeak, Executive Director of the Kentucky Department of Insurance.
In fact, in a national survey, one in four Americans said it’s OK to defraud insurance companies. But think about this: insurance fraud adds about $300 a year to your insurance premiums.
[...] In 2001, New York Gov. George Pataki appointed state Attorney General Eliot Spitzer as special counsel to investigate the fraud that has helped drive up New Yorkers’ auto insurance premiums to second highest in the nation, second only to New Jersey. Tags: investigation, investigator, private investigator, insurance fraud, fraud [...]
Pingback by Investigation News - New ways to fight auto insurance fraud - PInow.com Investigator Directory — February 19, 2007 @ 2:41 pm
[...] In 2001, New York Gov. George Pataki appointed state Attorney General Eliot Spitzer as special counsel to investigate the fraud that has helped drive up New Yorkers’ auto insurance premiums to second highest in the nation, second only to New Jersey. [...]
Pingback by Investigation News - Auto insurance fraud remains a problem for many states - PInow.com Investigator Directory — February 19, 2007 @ 2:45 pm