Insurance Fraud - Part V

Examples of Homeowners’ Insurance Fraud:

• Staging a phony burglary or vehicle break-in and faking a loss
• Overstating the value of stolen items after an actual burglary of a home or vehicle
• Lying about the extent, cause, date or location of legitimate damage
• Intentionally damaging property
• Making a second claim for a loss that was already paid for by another insurer or through a prior claim
• Asking a repairman to "cover your deductible" within their estimate.
• Fabricating supporting evidence — often in collusion with a crooked contractor, plumber, repairman or insurance adjuster.