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Scams Targeting Drivers
Fake insurers and too-good quotes.
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If you drive less, check your insurance mileage and drivers
3+ day, 9+ hour ago (478+ words) You no longer commute, and you only drive on weekends or to drop off your children. Your life has changed, but you renew your insurance according to the usual notice. Do you continue with it without taking the time to…...
RM1b lost yearly to fraud, say adjusters
2+ day, 18+ hour ago (412+ words) KUALA LUMPUR: Fraudulent motor insurance claims account for an estimated RM1 billion in losses annually, said insurance adjusters. Association of Malaysian Loss Adjusters (AMLA) chairman Y.K. Foo said the most prevalent fraudulent claims involved accidents, vehicle thefts, fires and staged collisions. "While…...
Luxury Car Rental Company Owner Staged Crash for Insurance
5+ day, 13+ hour ago (282+ words) The owner of a high-end car rental company has been sentenced to four years in state prison for insurance fraud involving a staged car crash and fraudulent insurance claim. Bozena A. Kolc of Edgewater was also ordered to pay approximately $314,000 in…...
News10NBC Investigates: You told us it's happening to you: Strangers are using your home address to get cheaper car insurance
2+ week, 6+ day ago (452+ words) EAST ROCHESTER, N.Y. — News10NBC is continuing its investigation into a billion-dollar auto insurance fraud scheme called “garaging.” Garaging occurs when people who live in high-density places like New York City use a suburban Rochester address to get a lower insurance rate. Elizabeth…...