You might not know it but it has become a common scam among popular countries in the world to be fooling their insurance plan providers. 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.
Now, how much are these insurance fraud cases costing policyholders?
An annual cost of 1.9 billion pounds has been shown to be the total cost of insurance claims that are fraudulent. This is the reason as to why policyholders are set to pay per year an average amount of 44 pounds.
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.
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 a case that has become very common among a lot of people wanting to get some money from their insurance companies by looking as if the car crash is an accident.
The offender will be fabricating the car crash letting the car owner and the policyholder at the same time look as if it was his or her fault. 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.
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.
It is the job of the insurance fraud investigators to show in the court of law the exact location of the car accident, the road measurements, and the photos and report to prove that what really happened was an 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.