Insurance fraud cost’s policyholders higher premiums every year. Here’s an example in California where seven were arrested in suspected arson and insurance fraud. As auto claims professionals the combination of alert adjusters, detailed appraisers and a solid SIU department working together can help combat such fraud. It is imperative that files are documented with great detail and field inspections are done flawlessly. Cases such as these could be the next file that crosses your desk.  California Insurance Commissioner Poinzer stated, “Every Californian pays the equivalent of a $500 tax per year because of insurance fraud.  Criminals beware: purposely destroying your vehicle will not result in a paycheck – it will result in jail time.” 

Click here for the full press release from the California DOI