Do you know anybody who have fake a burglary to claim insurance?
did they get away beside it. i know someone who did, should i have told insurance company.
Answers:
If you do and do not go and get caught, all that happen is the company increases your premium when you make a claim. Whilst you might receive a lump sum at once, over the next 20 or so years that you pay packet extra because of the false claim you made, the insurance will earn it back and more.
If you catch caught, you're in material trouble. At the very lowest you will never be able to obtain insured again, at least not at a plausible premim because you have deomnstrated yourself to be a dishonest human being. An insurance contract is odd because it requires total and honest disclosure of anything relevant to computation of risk. As you hold adjectives of the information necessary to compute that risk, the insurer is placed surrounded by a very vunerable position as he have to trust you to make full and honest disclosure.
By making a false, you show you cannot be trusted, and this will be noted for any application you put together for furture coverage. Yes, insurers share information, and if you apply for cover without disclosing a historic non-dsiclosure, fraudulent or otherwise, then the contract can be avoided by the insurer and if in that has be a lost incurred, they can refuse to settle. For fraudulent claims, the insurer is allowed to retain the premiums paid too.
Not merely that, but a false claim is a fraud with both civil and criminal implication. In short, don't do it, it's stupid.
For the idiot who said this: "yes insurance firms are a rip off so why not rip them stale."
One reason not to is because everyone ends up paying for a fraud. If an underwriter have a large number of claims, it only raises everyone's premiums across the board to rest the loss. So if you 'rip off' an insurer, all that happen is you steal from everyone else covered by the company.
In terms of self 'ripped off' by an insurer, you are not. Underwriters take on a risk. They agree to clear the insured on a certain event occuring. They agree a sum for doing so, allowing the risk of a huge lump of money suddenly person required to aid in the event of an incident occurring not have to come out of your pocket. Mega rich people do not hold insurance for small things (except for those mandated by law). Why? Because they can afford to shell out on an disaster occurring and so do not need to spread the risk, or its cost. If you can afford not to use an insurer, don't. If you cannot afford to foot the bill for flood make worse to your house, or to pay for officially recognized bills if you hit them with a cricket bubble coming out of a ground, then receive insurance.
"not actually fake that is a fruitless idea but mortal creative with stolen items and risky good yes virtually adjectives claimants do it "
Silver Fox, this is still a fraud with the above implication. And being creative is fake it.
Yes, if you have any question send them to:
Prisoner: 58339456
HMP Pentonville
Caledonian Road
London
N7 8TT
no my neighbour did that i minded my own business
Are you a policeman?
yes insurance firms are a rip off so why not rip them stale.
My mate was going to misrepresent that he'd been mugged of his phone to achieve a new one.And later next month he be actually mugged for it. Haha dont tempt destiny.
And yes you should.
My brother 'dropped' his television and made a claim for a unusual one. He is a crook though.
I know of many citizens that have, and own caught some of them. Insurance fraud is a felony. Are you a criminal?
As for the person you know, would you explain to on that person if you see them break into your neighbor's house and take their stuff? That is what they did. Every time insurance fraud is committed, adjectives of us pay, not the insurance companies. They will simply raise our rates.
No , but I do know someone that have there property stolen , The folks that did it was help my the Police the landlords solictors and there local council and the individual had to except that in that was no redress on the event.
not actually fake that is a doomed to failure idea but individual creative with stolen items and risky good yes virtually adjectives claimants do it