Funny Claims
Funny Claims
I’m guessing you know what I mean by funny insurance claims. These aren’t “hilarious” insurance claims
False Claims
False Claims
Have you ever secretly worried about filing false insurance claims sometime down the road because of whatever financial situation you are in?
Car Insurance Can Be Tricky To Figure Out
Car Insurance Can Be Tricky To Figure Out
There are plenty of auto insurance tips that you can look up online. It just ultimately depends on who you are, and what you are looking to get
Is It Time For You To Buy Insurance? Do You Know How?
Is It Time For You To Buy Insurance? Do You Know How?
While you are trolling the internet, searching for home insurance tips, you should look for tips for other types of insurance as well.

Claims Investigators are a Necessary Part of Any Insurance Agency

Unfortunately, in the fast paced and often hectic world of today, accidents happen that cause things to break and people to get hurt. In order to make sure that they have the money needed when those problems arise, many individuals will insure both themselves and their items. However, many individuals make funny insurance claims to try to cheat the system. By making funny insurance claims, they will hopefully be able to receive money for a problem that might not be real. As a result, insurance agencies have to find ways to protect themselves from wasting money on false insurance claims. One of the most common problems that people will need to make Elephant insurance claims for is car accidents. Every day, millions have to drive to work or take their kids to school, and busy roads means that accidents are always possible. But in some cases, individuals might either stage or lie about accidents and make funny insurance claims. Doing so could allow them to receive money that they are not actually entitled to. All kinds of funny insurance claims can be made when it comes to car accidents and problems, and they can be a headache for agencies. Though

Enrique Borja in Torrance CA

Enrique Borja 17528 Hawthorne Blvd Torrance, CA 90504 www.borjainsurance.com 424-206-1082 Our mission is to provide customers with the insurance and financial services that are right for them.

The Drawbacks of Funny Insurance Claims

When I first heard the phrase funny insurance claims, I assumed there was a punch line following. It is actually another term for fradulent insurance claims, however, and it is not a laughing matter. It might seem at first glance like a Robin Hood story where the deserving are getting what they are owed from the rich insurance company. This is not the reality of insurance fraud and it is actually harmful, when it happens, to all insurance owners. Here are several drawbacks to funny insurance claims. First, fraudulent insurance claims cause a rise in the cost of services for all other users that the insurance company provides for. At the end of the day, an insurance company needs to both cover its losses and make a profit. In a system where people do not cheat, everyone contributes a little bit of money so that they can potentially use a lot if anything ever happens to them. In a system where individuals cheat, everyone has to contribute more money in order to cover the costs of funny insurance claims, which collectively cost the insurance industry millions of dollars every year. Not only that, but the submission of fake elephant insurance

Funny Insurance Claims Are No Joke

I’m guessing you know what I mean by funny insurance claims. These aren’t “hilarious” insurance claims, but instead refers to fraudulent insurance claims. These are actually very common in the realm of auto insurance, and the penalties for submitting funny insurance claims are quite serious. So what are some common types of funny insurance claims? One typical instance of false insurance claims is exaggerated reports of damage or injury. Some people who try to file funny insurance claims will increase or invent the amount they were charged for medical expenses, or acquire a misleading statement of damage to their vehicle. Avoiding these funny insurance claims is why insurance companies always want thorough documentation of this kind of damage. False reports of theft are another case of funny insurance claims. And some people will even go so far as to get into a collision intentionally in hopes of collecting insurance moneys. This is called “hard” insurance fraud, and is the case in which there can be really extreme penalties. It includes any situation where the filer has deliberately constructed a situation where they would theoretically be owed by their company. There are a few ways insurance agents can spot these sorts

Fraudulent insurance claims hurt everyone

Those who consider insurance fraud to be a victimless crime should think again. After all, The Coalition Against Insurance Fraud (did you even know there was one?) has estimated that fraudulent insurance claims cost roughly 90 billion a year in stolen claims. That’s not even considering the social costs, or rather, what it’s costing the average tax payer to recoup these losses. And when you start to add up the costs associated with lost productivity of businesses, lost savings for individuals and the costs to investigate and prosecute these cases, the totals continue to rise. Everyone has heard of at least one or more false insurance claims, from burns from hot coffee, a mouse in the soup, a fake slip and fall to some more gruesome fraudulent insurance claims such as real murder, torched houses and cars and hit and runs, some people will go to great lengths in an attempt to scam their insurance companies in the hopes of bilking money. If there is a system, you can guarantee someone is trying to figure out a way to scam it. Within every insurance field there are thousands if not millions of people looking for the loophole. Companies such as

Four Ways Fraudulent Insurance Claims Have A Widespread Negative Impact

Are you thinking about filing an insurance claim that is fudged a bit or that is entirely false in nature? Think again. Before you consider how getting a few extra bucks from an insurance provider by filing a false claim can help you to pay bills or handle any other necessary expenses, think of what will happen should you get caught. Below, four ways in which fraudulent insurance claims lead to problems are detailed to virtually talk you out of filing a bad claim. One, fraudulent insurance claims are punishable by fines and potentially imprisonment if your false claim took it beyond normal levels and into more illegal territory. There are full time employees working at these insurance companies whose sole responsibility is to sniff out these fraudulent insurance claims, so think twice before filing such a claim, even if to the naked eye everything seems kosher. You avoid jail time and hefty fines, which is the complete opposite of getting reimbursed and getting away with it. Two, fraudulent insurance claims stay on your permanent record if you get caught, so think about that before you decide to file any funny insurance claims. You get flagged even for having something