According to the National Insurance Crime Bureau suspicious insurance claims are up by 21% this year. This of course will not help your premiums get any lower. There are still many companies offering fairly cheap car insurance despite these astonishing numbers. The cheapest companies out there right now are the ones who are very exclusive with their coverage limiting to those who have a spotless record and denying coverage to those who don’t. I
Posts Tagged ‘Claims’
Possible Fraudulent Insurance Claims up
May 16th, 2010 by Crystal DavisSignificant Increase in Specific Auto Claims Becomes Questionable
May 15th, 2010 by Crystal DavisWhen it comes to auto claims, insurance companies have a pretty good idea of what kinds are made and how many there should be during a given time period. If there are a lot more specific auto claims being made, that could lead the company to question the validity of those claims. One of the ways that these same companies keep their low car insurance rates available is through the investigation of these claims, so they can stop any fraud that might be occurring.
When you get car insurance quotes, they’re based on information that the insurance company has and what you provide to the company regarding your driving record, the kind of car you have, and other factors. T