AutosInsuranceRates.com wants you to remain in-the-know about automobile insurance scam techniques. Fraudulent auto insurance claims cost consumers like us billions of dollars per year in increased automobile insurance premiums. You can be sure that neither the government nor the vehicle insurance companies will pay for the losses generated by scams. Instead, those expenses get passed on to the consumers. The way that we can all help to reduce auto insurance fraud - and therefore save money on our auto insurance premiums - is to educate ourselves about auto insurance scams first. And then, we need to report them to the proper authorities when we are made aware of them.
Professional auto insurance scam artists meticulously rehearse their choreographed routines to victimize innocent third parties. Be aware that these are serious criminals that can create serious havoc in your life. Arm and protect yourself, and your family, with education.
Types of auto insurance scams:
- Paper accidents refer to insurance claims, generally under $1000, that involve no actual vehicles. A scam artist may involve a crooked doctor, lawyer or insurance agent to add credibility to the claim. Especially when backed by professional credentials, many insurance companies will not investigate such small claims.
- Hit and Run auto insurance scams involve reporting a collision incident to an insurance company that never actually occurred. Perhaps the driver backed into a telephone pole and wants to make the insurance company pay for the damages caused.
- Sideswipe auto insurance scam techniques involve scammers to repetitively make left-hand turns in multi-lane traffic scenarios. They do so until somebody veers out of their lane just a bit - and then they accelerate rapidly to cause the collision.
- Bogus witnesses are used to accommodate T-Bone auto insurance scams. The scam artist waits for a car to pass by an intersection where he is parked. He then proceeds to ram the passing vehicle. False witnesses swear statements to the police that the victim ran a red light or stop sign.
- Falsely signaling another driver to merge in front of you and then ramming them is called the Wave. The scam artist claims to police that he never did in fact “wave” the victim on. Instead, he claims the victim was driving inattentively and caused the accident.
How to further protect yourself from auto insurance scams:
- Firstly, if you ever believe that somebody is attempting to scam you, contact your insurance company immediately. Let them advise you on exactly what course of action to take.
- Keep an ink pen, note pad and a disposable camera in your vehicle at all times. In any accident that you are involved in, if you are able to, start snapping pictures immediately. Use the ink pen and notepad to write down detailed contact information.
- Approach prospective witnesses on your own and get their contact information as well.
- Follow your instincts. If you feel that you're being scammed, call the police immediately. Do not allow yourself to be talked out of it.
AutosInsuranceRates.com wants you to be protected from auto insurance scam artists. When we all act together to limit the number of auto insurance fraud cases committed, we will all benefit from decreased auto insurance premiums. Enjoy the site - and enjoy saving hundreds of dollars annually on your vehicle insurance premiums!