Should i claim insurance?

[mazilla]

Originally Posted by DMZ

So, I wonder how this scenario would play out?

A person has the deductible lowered to $0.00, knowing that the premium will increase. Two months later submits a claim for various damages that obviously have been accumulated over a period of time.

Person X(if they're smart) ends up with a check in their hands, and some shiny new bodywork. Some people may consider that "fraud", some people might consider the fact that they're forced to buy a product from a private company (by their government) the real fraud.

[DMZ]

Originally Posted by mazilla

Person X(if they're smart) ends up with a check in their hands, and some shiny new bodywork. Some people may consider that "fraud", some people might consider the fact that they're forced to buy a product from a private company (by their government) the real fraud.

That is known as "soft" fraud or "opportunistic" fraud. It is one of the reasons that premiums can be very high in certain areas. Honest people have to pay for dishonest behavior of others. It is considered a crime in all 50 states and 41 states have fraud bureaus.

[mazilla]

Originally Posted by DMZ

That is known as "soft" fraud or "opportunistic" fraud. It is one of the reasons that premiums can be very high in certain areas. Honest people have to pay for dishonest behavior of others. It is considered a crime in all 50 states and 41 states have fraud bureaus.

Correct, fraud is the reason premiums are higher...but it's fraud on the part of the insurance companies and the government. You won't catch me weeping for those bastards, ever.