Insurance fraud is an illegal act in which a customer misleads their insurer to gain a benefit. Some common types of insurance fraud include:
- Making false statements to support a claim
- Claims for events/losses that didn’t happen
- Exaggerating a claim such as adding items that weren’t affected
- Making multiple claims for the same event/loss
- Making a claim for something that happened before a policy was purchased
For more information on insurance fraud, please read our blog here.