An Intro to Low Cost Car Insurance - False Traffic Accidents

 When looking for cheap auto insurance as well as some discounts, it’s vital to keep in mind that some vehicle insurance companies will be understandably concerned, especially those that were the target of vehicle insurance fraud and crime in recent years. So it pays a little bit to understand this issue so as to better comprehend where your vehicle insurance company may be coming from if they’re being quite cautious. 

Like different classes of insurance companies, those who deal in auto Insurance  are concerned about the issue of fake claims. Both car owners and their insurers have been known to be culprits in car insurance fraud of this sort. The goal of course is to steal as much money out of the vehicle insurance companies as possible.  

And because of this, auto insurance companies have created terms for the various types of car Insurance  fraud. 

T-Bone Car Insurance Fraud - This particular kind of auto Insurance  crime will need quite a bit of forward plannin and requires some planned witnesses. It’s basically planned car crashes, usually at an intersection. When the authorities arrive, the false witnesses go into action and tell the police as to how the victim of the scam was the one who was driving badly. 

Shady Helper - This kind of car Insurance  crimeneeds an actual traffic accident. And after that, a complete stranger will contact the victim to help him on which medical professional to consult or which mechanic to get repairs from. The recommended physicians and repair shops are - as you might guess - part of scam. It’s their job falsify the claim in order to get money from the victim’s car insurance company. 

Total Vehicle Destination - This kind of vehicle Insurance fraud involves creating false information with regards to the level of damage to his automobile and any other damaged property therein so as to recieve additional cash from his auto insurance policy. 

Phantom Vehicles Car Insurance Fraud - With this kind of car Insurance  fraud, a person makes fakedocuments and registration information for a car that does not even exist. After that a particular period of time gone by, the scammer will make a claim that the vehicle has been stolen. As you may imagine, this sort of vehicle Insurance crime applies only on those policies that cover vehicle theft. 

Swoop and Squat Car Insurance Fraud - This particular scheme involves causing an real car accident with an an unknowing victim. The entire process involves the criminal driving his automobile ahead of the victim’s vehicle while his accomplice precipitates a a traffic situation wherein the innocent victim is forced to make a sudden stop, which then causes an accident. The perpetrator as well as his team will then make personal injuries and vehicle damage claims on innocent victim’s car insurers.