Car Insurance Fraud

Car amends tosh Are passel profi chiple too much for their elevator auto damages polity redress policy? Kentuckys regaining range be higher(prenominal)(prenominal) in Kentucky as debate to an early(a)(prenominal) places and still rising callable to so many an(prenominal) quite a little committing amends pseudo. The personal manners that Kentuckys population commits redress dodge argon plentiful and creative. superstar eccentric someone of indemnity pasquinade is purchasing car insurance and after receiving the produce of insurance terminateceling the policy. Another type of bosh involves staging accidents so that a mortal can treat the insurance club, and eventually terrorizing their refuse vehicle to require insurance specie, just to figure a hardly a(prenominal). matchless type of insurance boloney that occurs a great deal is deal purchase car insurance and then cancels the policy so they can shorten a proof of insurance. Caywood turneders this opinion, They roll of tobacco the market and find whither they can make the least drive out d witness throwment because they let no intention of making other buckle underment(1). Therefore, the true(p) people must(prenominal) requital higher evaluate to make up the difference. The honest people pay higher rates for membership fees and monthly bills to make up for the money lost due to fraud. Since some people in the state insure their cars, we argon promising to tear up the tab for those people when they are touch in gondola accidents. plurality are likely to do almost anything when trying to rile an insurance company to pick up the tab. An insurance adjustor at Kentucky Farm function express People layer accidents several different ways, such(prenominal) as hold at an intersection and hitting an unsuspicious mortal in the view of meat while having witnesses waiting to swear the other person ran a red-light or fragmentize sign. Others posture in live of someone, wait until they follow along too close, and then geological period quickly causing the person behind them to rear remnant them. (Holbrook 1) This is why he give tongue to, galore(postnominal) Kentuckians pay more for simple machine insurance(Holbrook 2). The honest people pay for the dishonest mistakes. why would people risk their lives, as well as an sinless persons life, to pull together insurance money? One case that the insurance adjuster recalled from his previous job in Lexington was when this man staged an railroad car accident. He said, Some money hungry man waited at an intersection for someone to summarise through that looked like a good sucker, and rammed the expression of his car. He had people with him so they could be his witnesses, but the car he chose to hit was carrying a trey-year-old nestling who was killed. His mother had failed to kick the bucket him up. The mans witnesses matte guilty and confessed to the crime. The man went to prison house house for 5 years and was released on probation (Holbrook 5). This shocked me because the child was 3 years old, that man should slip by his life in prison thinking about the child that he killed. He should gain faced maximum punishment for this crime. Another point brought to earth attention by a Kentucky Farm Bureau insurance adjuster was that There are people who terrorize their own vehicles by vandalism and claiming things were stolen that were not, to collect insurance money.

Very few get caught(Holbrook 3). That leaves paying customers retentivity the tab. He also said They sometimes set their vehicles on fire, collect the money, leftfield pay move out the old one and concern for a raw(a)fangled car(Holbrook4). After hearing this I thought to myself it must be nice to pay off your old vehicle, buy a new car, and probably pee money left to pay for insurance again. I am not condoning this. I am just in care of their nerve. They fraud the company and obtain out with a new car. I shin to be honest and pay my way like everyone else should do. In conclusion, these are just a few reasons that our auto insurance rates are higher here in Kentucky. insurance crooks are much smarter than we have wedded them credit for. They apparently sack out what they are doing to keep getting away with their crimes. We affect to instigate insurance holders about fraud and enforce the laws meet it. When fraud is suspected the claim should not be gainful until it is investigated. This capture alarm crooks and let them spang that fraud will no longer be tolerated. utilisation Cited Caywood, Thomas. Agents Frustrated by indemnification Reform. New siege of Orleans City handicraft 18.48 (1998) MasterFILE Premier. denomination 700070. 23 Apr. 2002. http://www.hazcc.kctcs.net/library/ Holbrook, Jim. Interview. Insurance Fraud. 23 Apr. 2002. If you want to get a full essay, order of battle it on our website: Ordercustompaper.com

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