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Insurance fraud is on the rise. Stay protected, drive smart, and make sure you've got the evidence on your side with the right dash cam for your needs.
Fighting insurance fraud. Car insurance fraud is an increasingly common problem that could be reduced by dash cam use. If someone tries to involve you in a staged accident to receive a fraudulent ...
A Queens, New York, woman alleged that a road collision on Wednesday, Oct. 16, involving her car and another vehicle captured on dash cam video was staged as part of an insurance scam.
Dashcams are widespread in Russia [2] as a guard against police corruption and insurance fraud, where they provide additional evidence. [3] They have been called "ubiquitous" and "an on-line obsession", and are so prevalent that dashcam recordings were the most common videos of the February 2013 Chelyabinsk meteor , [ 4 ] which was documented ...
A staged crash, or crash for cash is when criminals maneuver unsuspecting motorists into crashes in order to make false insurance claims. The cars generally suffer little damage in relation to the large demand that is then fraudulently submitted. According to the Coalition Against Insurance Fraud, staged car crashes are a growing criminal problem.
Insurance fraud has existed since the beginning of insurance as a commercial enterprise. [4]Long before the rise of the modern insurance industry, an epigram by the Roman poet Martial, set in the Roman Empire during the first century AD, illustrates how crimes such as arson might be motivated by profit: [5]
A 2022 study from The Coalition Against Insurance Fraud found insurance fraud costs Americans more than $308 billion yearly, and auto insurance fraud is a major contributor.
The National Insurance Crime Bureau (NICB) is a U.S. insurance industry trade association focused on preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training, legislative advocacy and public awareness. [2] NICB's headquarters are in Oak Brook, Illinois.