6.3.10 Insurance fraud

"When an insured person makes a false claim, no one gets hurt." True or false?

False! Insurance fraud hurts honest policyholders by driving up the cost of insurance for everyone.


Insurance crimes range in severity, from slightly exaggerating claims to deliberately causing accidents or damage. Examples:

The consequences

Insurance fraud is a crime, and there are serious consequences:

How to protect yourself

Insurance scams can take many forms. Here are a few tips on how to avoid them:

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