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BEWARE OF INSURANCE FRAUD

insurance fraud
Yes you don’t know that in your locality the insurance scammer is waiting to earn handsome money from you.

How can you understand?

There are so many fake insurance companies will come to you with their bogus policies and very low and attractive interest rate. Maximum time they will get in touch with you over the phone & they will try to convince you to take their policies. Please don’t go with them.
As per the estimation of National Insurance Crime Bureau it has been find out that almost $250(approximate) in a year insurance premium for normal household. And it costs millions of dollars every year, so just try to recognize it & don’t fall victim yourself. It’s not so tough, just you need to take care of it by educating yourself.
It’s a general fact that if any body tries to make money in a short process they will simply make money by insurance transaction.
Now national wide all insurance scammer increased dramatically. It costs almost $80 in a year.
flood insurance
In 2007 it was found out that 91 insurers are unlicensed.

Insurance scamming types are many. That’s why Washington state office of the insurance commissioner is having three groups of investigator.

• Special Investigation Unit.
• Consumer protection division.
• Legal division.



……………………………………………………………………………….To be continue

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