Eklatanten fraud pushes the costs of automobile insurance
Some morning, residents of Lawrence, Mass., have awakened to see the beginning of a car jutting above the surface of the Merrimack River. On inspection, police found the divers, and many people dumping their cars into the river on the file incorrect stolen car claims that the last car on the night before, he had risen to a battery on the other and would not decrease.
Lawrence is an example of what auto insurance fraud was widespread and increasingly evident in many parts of the USA: The regulatory authorities and researchers say that fraud is now widespread and more dear to the nation that the insurance industry believes that the industry is relatively little done to oppose him. A difference in the estimates
Critics say the fraud was an important force in pushing the Americans have to pay premiums for auto insurance, $ 40 billion to 100 billion dollars since 1980 and that fraudulent claims - all from reports of accidents, which happen that excess cars Damage false injuries - were paid with little challenge or investigation.
In Massachusetts, Insurance Commissioner believes that fraud and abuse as much as 40 percent of automobile insurance claims and a recent study shows that nearly 90 per cent of the rights of the injury suffered by Lawrence participates in fraud or serious abuses.The insurance industry has long been a fraud estimated at 10 per cent of claims automatically connected.
In New York, Nassau County police have shown that 50 to 60 per cent of hundreds of people, their cars stolen in the Green Acres Shopping Mall in Valley Stream, LI, effectively abandoned or destroyed for the insurance sector money, Lieut. Mulvey, “said Lawrence. One of four reports buyers of stolen cars, he was arrested because of fraud, he said, and as many as seven out of ten people come close to such reports with inner courtyard - doctors, teachers, even a corrections officer — Wind-up stopped.
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