many people, with the recession and hard times, are turning to cashing in on their insurance in order to make some money.<">
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Insurance Fraud Becoming More Rampant

Posted on:2/21/2011
For the past year or so, it seems that many news stories about crime are covering insurance fraud. Many people, with the recession and hard times, are turning to cashing in on their insurance in order to make some money.


For the past year or so, it seems that many news stories about crime are covering insurance fraud.  Many people, with the recession and hard times, are turning to cashing in on their insurance in order to make some money.  Most are small attempts – fake car wrecks, self-inflicted damage to a home, etc. - and others are more dramatic – faking death to get life insurance, for instance.

 

These cases are making insurance companies more leery about paying out when insurance claims come in.  Whether the claim is legitimate or not, many insurers are being more suspicious of their clients and making it harder to get paid on a claim.  This makes it worse for everyone.

 

Some insurance companies are accusing people of fraud even when they haven't committed any – simply because they didn't file correct paperwork or something was perceived as “fishy” about their claim. 

 

If this has happened to you, then you aren't alone.  Many people are finding themselves battling insurance companies for claims and, worse, facing a judge over claims of fraud.  This doesn't mean you're ship is sunk, however.  Often, these false claims can be thrown out of court if your attorney knows what to look for and how to combat them.  Better yet, these false claims can often be turned around on the insurance company, resulting in much larger payouts under threat of bad PR resulting in a lawsuit for their actions.

 

No matter the situation, whether you committed fraud knowingly or not, you should find a good attorney. 


  
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