insurance manchester
Their scams had accumulated 8 million pounds and involved hundreds of accidents possibly on the scene, now 25 arrests have been made in Manchester following an investigation three years in a range of insurance fraudsters. This is the face of changing insurance fraud? How much it costs us?
Methods used have been known as' accident fraud cash. When turning the lights break his own car, scam artists to ride around normally until it approached a roundabout or junction, where they would break soon, causing the driver behind to crush the back of them.
After the acquisition of calm other insurance details, the thieves, according to The Mirror 'has huge inflated insurance claims, "to the point of faking injuries such as whiplash and damage to vehicles including additional apparently had not occurred during the collision.
Similar scams have been carried out by fraudsters and are perhaps best known in the U.S.. The so-called "hit and squat" fraud involving a third car cuts penalties placed before the victim who rarely manages to stop in time. Then there is the panic stop when a passenger sitting in the criminal back of a car of scammers is closely watching the victim from behind until he / she turns on the radio or check from your mobile phone, this is the time they suddenly stop fraudsters.
The Manchester Evening Standard reports that most estimates of the Manchester police that the amount made by each "crash for cash scams" an average of £ 20,000. The whole country, this type of insurance fraud is costing the industry of £ 1.6 million per year, adding an average of 40 pounds to each premium. Richard Davies, of the Insurance Fraud Bureau warns that "this problem is nationwide and is growing. "
Clear, however, the problem goes far beyond the additional spending was added to the raw auto insurance which everyone pays, there is also a security issue that must be considered as attract cars to smash their own is probably a dangerous business for everyone involved.
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About the Author:
By Cam Winston, blogger who loves to write about pretty much anything on his mind, from home contents insurance to cool stuff and anything in between!
Article Source: ArticlesBase.com – The Cost of Insurance Fraud
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