North Carolina Insurance

Auto insurance fraud is a big company. The assurance of the economy is estimated that at least 10 per cent of the rights of each year are fraudulent.

“Sixty billion dollars over the past year was for auto insurance claims,” said Sean Mooney, chief economist at the Insurance Information Institute, the damage and accident insurance. “In short, the savings would total approximately $ 6 billion.

Losses of fraud, of course, can not be estimated, because insurers to emphasize, if they could all fraudulent claims, it would simply not pay. But consumer advocates say that insurers, some cases of fraud. As Ralph Nader said, “More than people think, they are not Ripper, the more they try to defend.” Are you the reasons

Whatever the reasons - greed, contributions higher, recession or even the perception of abuse of insurance companies - there is little doubt that auto insurance fraud is a major problem in the USA. The provisions range from preplanned auto accidents medical unnecessary.

“There is a growing problem, because the increase in the value of vehicles and effects on each of us,” said Jim Long, Insurance Commissioner of North Carolina. Mr. Lange is the president of the National Association of Insurance Commissioners will insurance fraud a federal crime. All types of suspects

Ronald G. Deputy Inspector Thrash, commander of the Division crimes car New York Police Department, said: “We estimate that 25 percent of all releases of cars stolen in New York City are insurance fraud. We arrest grandmothers, we arrest teacher. ”

Company experts say that although stolen car show no signs of decline, fraud is the biggest increase in claims for injuries in car accidents. Insurers believe that a disproportionately large share of these medical claims are fraudulent.

“The report of injury to property rights damages increased by 50 percent over the past 10 years,” said James F. Perry, a vice-chairman of the State Farm Insurance. “The incident was at a time when cars become safer, and there should be fewer accidents have been wounded.”

For many in the insurance business, this increase is proof of fraudulent intent. “It seems very clear that we will succeed in changing behaviour of the claimants,” said Donald W. Segraves, Executive Director of the Insurance Research Council, a nonprofit organization, the insurance companies. “It is the difference between the gaze of an accident as a chance to resume a portion of the premiums paid, you compared the benefit of the insured as a group.” The acceptance of fraud Most Popular

Last week, the Council adopted a summary of public attitudes show that more than any adult in five think it is right to auto insurance Pad right to avoid paying a deductible. And 14 percent said it was acceptable on a stolen car above their value more money an insurance company.

“We do not know how many accidents happen because the outside is illegitimate,” said Arnold Schlossberg Jr., director of the Insurance Institute for Crime Prevention, an industry organization, investigages complex cases fraud. “But it is a growth industry, no question.

For this insurance covers fraud large categories:

* The staging Claims: some cars are removed and stored stolen. As a result of the insurance is paid, the pieces are still in the car.

* Owner dumping: a car is stolen. The owner collects the payment of a claim of an insurance company, while car parts are sold to salvage yards and workshops.

* Abandoned vehicles: a car on a road or abandoned in a parking area in the hope that, stolen or destroyed. Then he is the owner of the stolen reports to the police and the insurance company to collect under the policy.

* Salvage Switches: The vehicle identification number day, dashboards in new cars, junked cars and rose to the same brand and model, the owner, in a fraudulent intent stolen. With the number of false, then this car is newly registered and sold, often in another Member State or a country.