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 Posted: Wed Feb 18, 2009 10:15 am Post subject: Car insurance frauds- things to remember |
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Well, this one really seems to be a good platform to discuss Insurance fraud. Though I've not come across a way to make sure that my car won't ever be stolen, I'd like to have feed backs regarding the prevention of car insurance frauds. Please also suggest what I should remember while buying a vehicle as also while picking up a repair service following a catastrophe.
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Pinkfloydfan
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| Posted: Wed Feb 18, 2009 4:06 pm Post subject: |
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How to prevent insurance fraud....? Don't lie to the insurance company.
Insurance fraud is almost always perpetrated against an insurance company. It's usually done so that the claimant is paid more then they are entitled to. |
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tcope
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| Posted: Wed Feb 18, 2009 7:41 pm Post subject: |
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| You can avoid getting your car stolen by a few simple moves. It isn't a sure fire solution since there are probaly very experienced car thieves out there. The biggest way to avoid a stolen vehicle is NEVER leave your keys in your vehicle and always lock the doors. Todays world is far from the way it used to be and people need to relize not locking their car doors and taking out their keys is a thing of the past. Also to avoid break ins never leave packages where they can be seen through the window. Put them in the trunk where the are less obvious. People will do anything for a dime these days. |
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fireyone
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| Posted: Mon Mar 16, 2009 12:08 pm Post subject: |
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| Quote: | | people will do anything for a dime these days |
fireyone is absolutely right. Everyone should take care of their car properly. Nowadays there are so many security gadgets available in market.
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horizon
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| Posted: Sat Apr 04, 2009 5:53 pm Post subject: |
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| In buying a vehicle, i think you must choose the one that is not so catchy in a thief's eye. It doesnt eliminate the possibilities of theft totally but it can lessen. Equip your vehicle with security equipments such as alarms and locks. As what they have said, dont leave your keys in the car as well as personal belongings especially the registration. There are a lot of security equipments you can buy for a very cheap price. Its for the sake of your vehicle anyway. |
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dritz
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| Posted: Mon Apr 06, 2009 12:14 pm Post subject: |
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| Quote: | | you must choose the one that is not so catchy in a thief's eye. |
I really don't think it will eliminate the the possibilities. Car thiefs are also in search of scrap material may be because of less risk involved.
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horizon
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| Posted: Tue Apr 07, 2009 11:22 am Post subject: |
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| Quote: | | I'd like to have feed backs regarding the prevention of car insurance frauds |
See Pinkfloydfan, auto fraud can be both ways. Either you can be responsible for a fraud or a victim. How you can avoid being party to a fraud will need moral science lessons (if needed). But you can try to avoid being a victim of fraud. You must be really cautious when you are on the road driving. The basic thing is to have presence of mind. We have a post on our community blog which I thought you might like to read.
http://www.ampminsure.org/blog/auto-insurance-fraud/
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sil
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| Posted: Tue Apr 07, 2009 12:53 pm Post subject: |
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I really don't think it will eliminate the the possibilities. Car thiefs are also in search of scrap material may be because of less risk involved. |
it will, most of the thiefs dont have your idea about scrap materials. majority of them will look on overall profitability of your car.. it cannot be avoided but it can lessen the chances. |
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dritz
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| Posted: Fri Apr 24, 2009 1:38 pm Post subject: |
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Since, car insurance has been made mandatory in almost every country of the world. Many insurance companies have surfaced. With increase in number of these companies there has been increase in cases of insurance fraud. This article will outline some important things to keep in mind in order to protect your self from such frauds.
Sometimes, people get their car stolen in order to claim the money from insurance company. They do it for financial reasons or to purchase a new car. |
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maxjlone
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| Posted: Sat May 09, 2009 10:25 am Post subject: |
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| Quote: | | Sometimes, people get their car stolen in order to claim the money from insurance company. They do it for financial reasons or to purchase a new car. |
Yes you are absolutely right. People will do anything to claim money from insurance company. In some cases they get help from the corrupt employees from the insurance company itself. Otherwise it's not easy to file a claim.
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horizon
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| Posted: Sat May 09, 2009 11:37 am Post subject: |
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| Quote: | In some cases they get help from the corrupt employees from the insurance company itself. Otherwise it's not easy to file a claim.
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Can you share with us any such instance that you might have experienced personally? |
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kelvin
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| Posted: Sat May 09, 2009 12:51 pm Post subject: |
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Hi Horizon,
| Quote: | | People will do anything to claim money from insurance company. |
You mean they may even team up with the adjusters?
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anonymous00
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| Posted: Sun May 10, 2009 4:24 am Post subject: |
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| Quote: | | You mean they may even team up with the adjusters? |
yes, it's possible. I'm not saying that every insurance is filled up with corrupt employees. But there are such kind of people & it's not only about car insurance. Everybody knows that what kind of things can some people do to claim insurance money mainly for life insurance.
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horizon
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