May 9, 2008at 2:35 am
· Filed under Auto Insurance
One quarter of the drivers could have invalid insurance. 26% of UK of the drivers in the UK have an auto insurance information that was reported and is false. This means if they are found out, their auto insurance could be invalid. The most common things things that car owners lie about are their the mileage, what that they do, where they live, past claims, where the car is parked, and of course points on their license. Cutting corner, pun intended seems innocent until you are caught. Auto insurance companies have huge departments set up just to investigate these types of things. It seems innocent but what it does is puts drivers in insurance risk categories that are lower than the rest and therefore unfairly gives these car owners discounts on auto insurance. They are usually not found out unless, there is a car accident and an insurance claim detective looks deeper into the insurance policy for some reason. And certainly this auto insurance fraud is not on the same scale as other types of Auto insurance fraud. But it is a form of fraud.
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Tags: Auto Insurance, auto insurance fraud
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