How Home Insurance Fraud Affects You

Decent Essays
How Home Insurance Fraud Affects You
Insurance fraud is a real issue when it comes to home insurance in Chandler, AZ. Fraudulent home insurance claims can be phony claims and fake property damage, to name a few. If you are considering exaggerating your insurance claim, don’t. If you know someone who you suspect committed insurance fraud, then you should report them because it affects you as well.
Fraud Drives Up Premiums
Fraudulent insurance claims are often paid by insurance companies. If you couple that with the fact that insurance claims are increasing, then it’s easy to see how fraudulent claims can increase the rate you pay for your home insurance each month. As a whole, everyone with insurance covers insurance companies’ costs. With more

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