Friday, May 6, 2016

The Many Forms Of Insurance Fraud Orange County CA

By Brian Watson


Insurance fraud has become a very common thing in the current world. Most people will conduct this fraud without thinking of the victims. They do not even know that there are victims in their crimes. Research has shown that insurance companies are paying off millions to fraudsters. The victims of their crimes are the innocent customers that will have to pay more in premiums so the company can pay off the insurance fraud orange County CA. In case you are aware of a fraud taking place it is important that you report it.

The stolen car scam is one of the most common forms of fraud. This scam can be conducted by people in different methods. One is where they sell their car to a body shop and it gets cut into pieces and they report it as stolen. Since the body shop is in in on the scam the authorities never get notified about the sale of parts. People also sell their cars overseas with no paper work so they are not traced.

The other scam involving cars is the car accidents scam. In most cases the driver who is also the victim in the accident is in on the scheme. They shall also have officials that do the investigations in it too. The by standers that will give their statements might also be in the scheme too. The company will have to pay for two totaled cars.

One most common scam is the car damages scam. The owner of a car will in this case report that their car has been in a car accident and they need some money to fix it up. They will conduct an estimation of damages and the company will pay for it. The owners even after getting the money will not take the vehicle to be fixed. Since they are small damages most people get away with it.

The health sector is also not an exception. The health care professionals are also in the scam. They will bill companies a great fee for a standard procedure. They might also bill them for services that were not even rendered. An example is when a patient goes in for a normal checkup but they will bill the company for a surgical procedure. Patients might not even be aware of this.

Another scam that is conducted by the health professionals is when they ask their patients to go through unnecessary procedures. They might ask the patient to come back to the office for checkups that are not necessary. They might ask for procedures that the patient does not even need. They might ask a person with a broken arm to go for blood tests.

Homeowners are not left behind in this fraud. They will stage home fires and get the insurance money. There are two major ways that they do this. One of the ways is where the home owner will take all the important items from the house and then set it ablaze.

The other way is where they ensure the company is aware of the valuable items in the house. They then proceed to destroy the items. They then seek compensation for those items. They even go to the extent of hiring criminals to torch their homes.




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