5 Lessons Learned: Investigators
There are actually increasing cases of insurance frauds that are happening all around the world, and you need to be aware about its existence and its effects on the people that are covered by insurance policies as well as insurance companies. It is not a surprise why there is also an increasing demand for insurance fraud investigators in this day and age. Even so, before delving further on insurance fraud investigation, below are some things that you need to know first about insurance fraud and why it has become a rampant case all over the world.
Are the policyholders being made to pay for these insurance fraud claims?
Based on recent research, insurance claims that are fraudulent have been shown to amount to more or less 1.9 billion pounds annually. 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.
It is not surprising at all why more and more insurance companies are doing their best to steer clear from this add-on expense on the part of their policyholders; hence, the need to ensure that insurance fraud investigation becomes a priority.
Below are some of the most common insurance fraud cases that are becoming popular in this modern day and age.
Being paid by the insurance company for car accidents
Crashing your car with another car and flipping it out to be an accident has become a common insurance fraud case among several places in the world.
With this insurance fraud case, the scam artist will be the one to be putting at fault the other car owner in order for them to be paid by the insurance company. You see, the offender will be doing this on the car of any policyholder in hopes that they would be receiving either financial compensation as well as courtesy cars in the end.
Usually, this will be the time that the insurance company will be getting the help of an insurance fraud investigator. The best insurance fraud investigators make sure to have a well thought of plan and some evidence in the form of pictures that will really prove that the accident is indeed not tampered on.
While being in the court of law, the insurance fraud investigators must make sure to bring along with them the detailed and clear reports and photos of the car accident scene along with the particular location in the map that car accident took place. Moreover, it will be their job to be having the exact scenario narrated based on the point of view of the police officer as well as the people who have become witnesses of the said incident.
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.