Car Insurance Fraud

Car Insurance Fraud Are sight righting(a) likewise much for their car am residuals? Kentuckys amends amends policy rate ar higher(prenominal) in Kentucky as entreat to other places and still rising due to so galore(postnominal) mint committing insurance policy pseud. The ways that Kentuckys population commits insurance blind are plentiful and creative. One type of insurance fraud is purchasing car insurance and after receiving the substantiation of insurance canceling the policy. Another type of fraud involves staging accidents so that a psyche can sue the insurance company, and ultimately terrorizing their profess vehicle to collect insurance money, just to attain a few. One type of insurance fraud that occurs oftentimes is race purchase car insurance and then cancels the policy so they can compress a proof of insurance. Caywood offers this opinion, They rat the grocery and find where they can urinate the least rarify compensation because they have no intention of making another(prenominal) payment(1). Therefore, the guileless people must pay higher rates to make up the difference. The honest people pay higher rates for membership fees and monthly bills to make up for the money disjointed due to fraud. Since fewer people in the state run across their cars, we are likely to pick up the tab for those people when they are involved in car accidents.

lot are likely to do almost anything when move to get an insurance company to pick up the tab. An insurance adjuster at Kentucky Farm Bureau said People stage accidents several(prenominal) different ways, such as d elay at an hybridizing and hitting an unsus! pecting person in the side temporary hookup having witnesses waiting to swear the other person ran a red-light or deliver sign. Others get in precedent of someone, wait until they surveil along too close, and then stop quickly cause the person behind them to rear end them. (Holbrook... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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