The reason for the increase in premiums Is primarily due to false or exaggerated personal injury fraud claims covering home, motor, and business accident policies. While some people really get hurt in a car accident, the thing that makes them fraudulent is that they exaggerate their injuries and they are dishonest when it comes to the amount of time it took for them to recover. It is true that if you suffer injury from a car accident you will compensated for damages but it becomes insurance fraud, if you want to get more compensation, and you exaggerate your injury or you lie about the number of days it took you to recover from the injury. As an investigator and surveillance specialist, it is very important that these claims should be validated. Any insurance claims that people make should now be validated by an investigator or surveillance. Today, insurance companies hire their own in-house investigators and surveillance teams to investigate every person that claims insurance on injuries. Anyone cheating on insurance have to be exposed and punished because they are the cause of why good clients have to pay higher insurance premiums. If a claimant is discovered to be genuine, then insurance companies must look after their welfare.
Surveillance specialists or fraud investigators regularly conduct observations on claimants, a true account of the claimants day to day activities are reported and at no time should it be advantageous or disadvantageous to the client or the subject. The industry has changed how fraud investigators conduct their surveillance; since then the private investigator was allowed to entrap the subject but this is not longer practiced. During an investigation you should not create any circumstance which may encourage or enforce any person subject of an enquiry to engage in activity which may be harmful to their interests and at all times you should perform your duties in a lawful and ethical manner. An investigator should not make unnecessary circumstances that will make the subject of iniquity engage In an activity which is harmful to their interest, and the private investigator has to always perform his duties in a lawful and ethical manner.
Surveillance shoud be carried out by 2 investoigators particularly when doing mobile surveillance. Even though your private investigators are well trained, there are no guarantees that they will be able to identify the fraudulent person but the risk is gradually getting reduced when using private investigators. When they are conducting operations to assess the capabilities of the subject, it is important that these are carried out in a discrete manner and by recognizing the relevant legislation.
Many victims of insurance fraud believe there is nothing they can do to prevent criminals from m abusing the system. In many cases, a private investigator can prove insurance fraud has occurred and can report abusers to the proper authorizies.
Private investigators today do many investigations techniques like surveillance, interviews, and others so ha they can determine if the injury claims and property loss are valid or fraudulent.
In order to prove that insurance fraud has occurred, investigators provide videos, pictures, and detailed reports to authorities. Not only will the client save money by not paying fraudulent claims, but also scam artists are prevented from receiving undeserved monetary reward for their fraudulent insurance claims.
Some other examples of fraudulent insurance claims include workers compensation fraud, staged accidents, arson, and false or exaggerated theft reports. In workers comp insurance there are a lot of ways that fraud can be committed including submission of multiple claims in the past, an injury with no witnesses, medical treatment was delayed, different stories on how the accident occurred, medical reports were altered, disgruntled employee or anew hire with questionable work history.