Category: Fleet Insurance Fraud

2 posts
Auto Insurance Fraud and Your Fleet

Auto insurance fraud is considered as a “big business” for criminals.  Fraudulent accidents also tend to increase dramatically during economic downturns.  During a difficult economy, it is much easier for criminal rings to recruit desperate new members.  According to the National Insurance Crime Bureau, these criminals often target commercial fleets since they are perceived to […]

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The “Swoop and Squat” & Other Types of Staged Accidents

Staged accidents like the “swoop and squat” are especially common during bad economies. Unscrupulous criminals often set out to make quick money by targeting unsuspecting motorists. In fact, the FBI states that staged accident claims amount to $20 billion dollars per year and increases the average auto insurance premium by $100 to $300 pear year. […]

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