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Tools and reports the NICB provides to combat car theft include VINCheck, "a free lookup service provided to the public to assist in determining if a vehicle may have a record of an insurance theft claim", [3] a Report Fraud hotline, [4] and two reports: Hot Wheels, which lists the most commonly stolen vehicles; [5] and Hot Spots, the locations ...
Filing retroactively: Attempting to file a claim from before your policy was in effect is a breach of your insurance policy contract. Faking a stolen car: This occurs by reporting a vehicle as ...
For instance, if your car's value has dropped to $25,000 but you still owe $30,000 on your loan, gap insurance would cover that $5,000 difference if your car is totaled or stolen.
An insurance investigator examines insurance claims that are suspicious or otherwise in doubt. Investigators in this field have differing specialties and backgrounds. Some insurance companies have their own in-house investigation teams while other companies sub-contract the work to private investigators or private investigation firms. [1]
The Coalition has published research studies on subjects related to insurance fraud, including claims investigation, the economic consequences of insurance fraud, and fraud prevention. [7] The Coalition also publishes information on common forms of fraud, and how businesses and consumers can protect themselves. [8]
How often do cars get stolen? Car theft is increasingly common in the U.S. In 2023, 1,020,729 vehicles were stolen, compared to 1,008,756 in 2022 and 794,019 in 2019, according to the NICB. That ...
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