Insurance Fraud
Insurance Fraud may not seem like a big deal to some, but certain types of insurance fraud are federal crimes and can be a felony if convicted. It is not something to be taken lightly.
Insurance fraud is considered any fraudulent activity, or intentionally deceptive activity committed to obtain a certain outcome during an insurance claim. It can occur on the part of the insured or the insurer.
The penalties for insurance fraud vary, but could include fines, time in jail, community service, possible probation, or in the case of federal crimes a conviction could lead to incarceration in a state penitentiary. It is more serious than it may seem and should not be taken lightly. An insurance fraud case should be handled by the best insurance fraud attorneys available.
What is considered insurance fraud?
Filing a false claim, overstating damages, faking injuries, and sensationalizing other losses are considered insurance fraud on the part of the insured. Denying claims or benefits that are legally due to the insured based on their policy and doing so with knowledge of those benefits can be insurance fraud on the part of the insurer.
If you think you may be a victim of insurance fraud, or have been accused of insurance fraud you need an attorney who has experience in federal court.
There are several types of insurance fraud and it occurs in all different socio-economic settings. It can include: life insurance fraud, auto insurance fraud, health care fraud, property fraud.
It can happen through arson, murder, fake/excessive surgery, embezzlement of insurance premiums, workers’ compensation fraud, and the list goes on.
If you have been accused of insurance fraud or have been investigated for insurance fraud you should consult an insurance fraud attorney for legal counsel.
