Today I read a question and answer column from a Canadian newspaper. It’s a special driving and commuting column. The question wasn’t about driving and commuting but insurance fraud.
Dan from Toronto asked if his nephew had committed insurance fraud. It seems Dan’s nephew had his car broken into and he lied and claimed his brand new MacBook was stolen. Dan wondered if this was considered insurance fraud. It seems Dan’s nephew feels he’s owed something since insurance companies charge so much and make a lot of money.
The author explained that 35% of surveyed Canadians didn’t know that defrauding an insurance company is an offense under the Criminal Code of Canada, and 25% said they didn’t know auto insurance fraud affects auto insurance premiums. What the author never said was, YES DAN, IT IS INSURANCE FRAUD.
Insurance agents know fraud will end up costing people more for their insurance. And articles like this one can help raise awareness if people better understand the consequences of insurance fraud. It’s just really sad Dan had to ask.
I’d love to know some of the questions agents get asked regarding blatant insurance fraud. Feel free to comment below.
Vikki Thomas has been working in the insurance industry since 1995. Vikki has worked for several carriers in customer service, quality assurance, underwriting, product management and marketing. Vikki has worked at AccuAgency since 2008.