Insurance Fraud Prevention Tips

Protecting yourself from insurance fraud starts with staying informed and cautious. Fraudsters often rely on rushed decisions, incomplete information, and lack of verification. Before purchasing coverage, sharing personal information, or submitting a claim, take a moment to confirm who you are dealing with and understand what is being requested. A few simple precautions can help reduce the risk of financial loss, identity theft, and fraudulent claims activity.

Don’t Become a Victim of Insurance Fraud

  • Request detailed bills for repair and medical services and make sure they are accurate.
  • Verify the agent and the company are licensed.
  • Do not sign blank insurance forms.
  • If the price seems too low to be true, be suspicious.
  • Keep your insurance information in a safe place so it does not get stolen and used against you.
  • Look out for vehicles that pull in front of you and force you to follow closely—they may be setting you up for an accident.
  • Keep a disposable camera in your car and take pictures of damage after an accident.
  • Get detailed information on the other parties involved in an accident, including injuries and how many people are present.
  • Always report suspected fraud to an authority.
  • Be aware of what information you disclose on the phone unless you can positively identify the caller.
  • Limit access to your computer.
  • When using a credit card online, be sure to use only secure websites.
  • Check your financial records regularly to verify what should and should not be there.
  • Ask for a copy of your credit report.
  • Maintain detailed records of banking and financial transactions.

Insurance Fraud Resources