Friday, July 9, 2010

On the rise are staged automobile accidents

Staged automobile accidents on the rise

In numerous states, particularly those with no-fault insurance laws, staged car accidents are on the rise. Criminals stage these to get money from insurance companies. Some are with large groups and others with victims. Insurance fraud can be a severe issue that raises rates for every person — and some states are aiming to battle the bulge.

Article source: Staged car accidents on the rise by Car Deal Expert

Automobile accidents staged

An accident that insurance fraudsters set up to make money is called a staged automobile accident. You will find quite a few schemes. Some include two or 3 cars that have been filled with individuals that have a minor accident. All of the passengers then claim injuries. Others are played with innocent drivers. No matter what the scheme, a staged vehicle accident is typically difficult to avoid and even more difficult to prove.

Staged car accidents cost

The cost of this can be very high. In injuries, passengers can claim a lot of money. Damages to automobile can add thousands more. The person who isn’t really at fault can also have their insurance costs increased. In no-fault insurance states, the cost of insurance in general can spike. This is just the financial cost — there is also a danger of personal injury and increased vehicular-related death.

Staged accidents rise

The number of staged accidents can be very difficult to pin down. Because many of these accidents look “normal,” pegging them as fraud is tough. According to the Coalition Against Insurance Fraud, thus far this year, Florida has seen over 3,000 staged accidents, New York has had 1,680 and California has seen 1,619. Illinois and Texas round out the top five for staged accidents.

See some of probably the most common staged accidents

youtube.com/watch?v=JGeIrm5UXN0

Citations:

Coalition against insurance fraud

insurancefraud.org/staged_accidents.htm



No comments: