Motor fraud costs millions of euros every year. These acts push insurers to be more vigilant but also to increase prices. Simulating a road accident can lead to criminal and civil consequences: in addition to insurance fraud and the risk of referral of the false witnesses to the power of attorney, there is a sentence to the costs in the civil accident. To pretend to have suffered a damage from a traffic accident , which in reality is false and never occurred, or occurred in different ways than those reported, can lead to various consequences, both under the civil and criminal aspects. However, it is far from unlikely to discover the simulation of the accident , given the advanced techniques of the technical consultants and experts, able to reconstruct a posteriori the dynamics of the impact and the cause-effect relationships between the event and the damages to the motor and / or to the people. To this is added a natural attitude of closure and distrust of insurance, far from inclined to compensate for real accidents, so that, even if there is a minimum doubt, the company prefers that to ascertain the event is the judge, in so that any falsity may appear through a judicial proceeding, with all the consequences that this entails.
What are the types of motor insurance fraud ?
If one were to define insurance fraud, it would be to lie or to voluntarily forget a piece of data to take advantage of one's motor contract. The fraud usually occurs during the subscription of the contract, when reporting the risk to be insured or in a declaration disaster . It also occurs when the situation of the insured person changes and the latter knowingly forgets to inform his insurer.
A fraud with many faces
There are several kinds of motor trade insurance fraud:
Risks in case of fraud
In case of recognized fraud , the insured is exposed to several penalties: criminal or administrative.
1. False declaration
Often misrepresented is to lie about certain items when signing up for an insurance policy. Do not report old disasters, lie on the parking place of his vehicle ..
In this case, you incur:
There are several types of misrepresentation when talking about theft ... The " all risk of the poor " for example, consists of disguising a responsible accident by simulating a theft of a motor. The insured then receives compensation for the value of the motor (taking into consideration the wear) under the guarantee of theft .
Or the "false burglary" when the insured simulates a burglary in his vehicle, breaking it and moving it. He can thus declare the theft of precious objects and get them reimbursed (high-tech equipment).
In this case, you incur
This is the most common fraud technique. It can involve a theft, a motor accident , a fictitious fire or the involvement of an imaginary unidentified third party to disempower a claim and obtain compensation.
In this case, you incur:
Do not be a victim of fraudsters
To take advantage of their insurance policy, some drivers do not hesitate to cause accidents .
To avoid fraudulent behavior , and especially not to become the victim, it is important to:
multi car traders insurance
#motor #trade #insurance #cheap #traders #compare #brokers #go #part #time #under #25 #aviva #understanding #policy #explained #car #rules #multi #total
Hey Guys, My name is Mike Johnson and I am from Los Angeles. I love writing for business blogs.