insurance scam

Staged accident scheme

An insurance scam is a fraudulent scheme to collect insurance money illegitimately—either by filing false claims, staging accidents, exaggerating damages, or deceiving people into buying fake policies.

The term covers fraud committed by claimants against insurers and by crooked agents against customers.

The staged car crash turned out to be an insurance scam.

Related

accident · staged · arson · whiplash · adjuster · payout · scheme · con · swindle · investigator · suspicious · red flags · bodily · fender-bender · exaggerated · collision · totaled car · policy

Categories
Opposites
legitimacy

insurance scamrightful claim

financial ethics

insurance scamfair dealing

Honest, equitable conduct principle

financial integrity · square dealing

protection direction

insurance scamconsumer protection

Laws defending purchasers' interests

Family

insurance, scam, insure, insured, insurer, insurers, insuring, insurable, uninsured

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Used worldwide · Timeless · Negative · Everyday, not technical · Rated PG