Nearest broker: Searching for a broker nearby…
Nearest broker: 2607 Ellwood Dr SW, Edmonton, AB, T6X 0P7 Phone: 780-732-8616 10060 Jasper Ave, Edmonton, AB, T5J 3R8 Phone: 780-435-3632 , Calgary, AB Phone: 403-532-4882 322 Avenue C S, Saskatoon, SK, S7M 1N4 Phone: 639-398-4170 10325 Bonaventure Dr SE, Calgary, AB, T2J 7E4 Phone: 403-695-1050 5317 50 Ave, Taber, AB, T1G 1V3 Phone: 403-223-2377 110a McLeod Ave, Spruce Grove, AB, T7X 2H8 Phone: 780-571-1144 496 Marquis Rd, Prince Albert, SK, S6V 8B3 Phone: 306-970-8080 335 Hwy Avenue N, Picture Butte, AB, T0K 1V0 Phone: 403-732-6023 103-5020 Lac St Anne Trail S, Onoway, AB, T0E 1V0 Phone: 780-967-2282 2201 Box Springs Blvd NW, Medicine Hat, AB, T1C 0C8 Phone: 403-487-5132 550 Wt Hill Blvd S, Lethbridge, AB, T1J 4Z8 Phone: 403-394-1123 734 13 St N, Lethbridge, AB, T1H 2T1 Phone: 403-328-9114 5 St SE, High River, AB Phone: 403-652-4104 9901 103 St, Fort Saskatchewan, AB, T8L 2C8 Phone: 780-998-0881 , Edson, AB, T7E 1T6 Phone: 780-440-0075 16612 109 Ave NW, Edmonton, AB, T5P 1C2 Phone: 780-486-4488 201-4271 23 Ave NW, Edmonton, AB, T6L 5Z8 Phone: 780-466-2136 3908 97 St NW, Edmonton, AB, T6E 6N2 Phone: 780-465-6900 8170 50 St NW, Edmonton, AB, T6B 1E6 Phone: 780-469-9378 52 Ave, Drayton Valley, AB Phone: 780-621-1707 264 Midpark Way SE, Calgary, AB, T2X 1J6 Phone: 403-251-2926 1331 Macleod Trail SE, Calgary, AB, T2G 0K3 Phone: 403-278-1050 1331 Macleod Trail SE, Calgary, AB, T2G 1E1 Phone: 403-255-2252 234-7 Westwinds Crescent NE, Calgary, AB, T3J 5H2 Phone: 403-775-2100 , Calgary, AB, T3K 0S8 Phone: 403-719-9995 4632 70 St NW, Calgary, AB, T3B 2K6 Phone: 403-247-6435 5114 2 St, Boyle, AB, T0A 0M0 Phone: 780-689-3946 50 Ave, Bonnyville, AB Phone: 780-826-3147 12931 20 Ave, , AB, T0K 0E0 Phone: 403-562-2191 2903 Kingsview Blvd SE, Airdrie, AB, T4A 0C4 Phone: 403-945-8885

The Basics of Car Insurance Fraud

Auto Insurance

By Smart Bug | March 14, 2016

Car insurance fraud costs everyone. As the amount of fraud increases so does the cost passed on to consumers. Here are some frequently asked questions about insurance fraud how to protect yourself against this criminal activity.

What is Insurance Fraud?

Insurance fraud happens when someone intentionally deceives an insurance company for financial gain. This can be done by the insured or another party such as a repair shop or medical office. Sometimes the insured is “in” on it and other times they are just as much a victim.    Car insurance fraud is particularly common – as you can see in the video above there are many “opportunities” for fraudulent activities.

What should we look out for?

The Insurance Bureau of Canada divides fraud cases into two categories: opportunistic fraud and pre-meditated fraud.

Opportunistic fraud includes misrepresenting the scenario and exaggerating damage or injuries. This includes:

  • Misrepresenting the facts regarding the damage that caused the need for a claim to be filed
  • Making a claim for property or damage that was not stolen or did not occur as a covered incident
  • Accepting treatment for an injury that is not medically necessary or unrelated to a vehicle collision
  • Exaggeration of injury or recovery time particularly to collect benefits
  • Inflicting additional damage to a vehicle to increase the cost of repairs
  • Encouraging others to participate in any of the above fraudulent actions

Pre-meditated insurance fraud is a deliberate action to defraud an insurer where no real event occurred.

  • Filing a claim for an event that never happened.
  • Staging a collision or intentionally causing a vehicle collision.
  • Intentionally damaging your vehicle (or having someone else damage it) in order to file a claim.
  • Falsely reporting items or a vehicle as damaged or stolen.
  • Purposefully avoiding paying your insurance premiums.
  • Charging for services never provided (such as towing repairs and medical services).

As you can see the above forms of fraud can be perpetrated by the insured as well as others involved throughout the claims process such as tow truck drivers repair shops and medical offices.

How to Prevent Insurance Fraud

Preventing fraud is not always easy. But here are a few ways you can protect yourself from becoming a victim:

  • Purchase a dashboard camera to record any potential accidents. It’s a fantastic way to protect yourself against false accusations and accurately record what happened.
  • Document. Take pictures and video of any damage to your car keep receipts and any paper or electronic communications you receive. Keep multiple physical and electronic copies.
  • Always get the other driver’s insurance license plate and contact information if you’re in a car accident. While calling the police is only mandatory if there are injuries or the estimated damage is above $2000 it may be a good idea.
  • Trust your instincts. If it feels off it probably is.
  • Use trusted professionals with a strong community reputation.
  • Talk to your broker. They’re there to help you navigate your claim.
  • Don’t participate in insurance fraud.

Report Suspicious Activity

What should you do if you know someone is committing insurance fraud?  The Insurance Bureau of Canada has established a dedicated fraud prevention line that is ready to provide assistance. Call 1-877-IBC-TIPS to report fraud.

Get A Quote From A-WIN

Get the best insurance deals and stay on budget.

Get A Quote

Life Events - It's Time to Reassess Your Insurance

Whether it’s heading off to university or deciding to start your own business,...

Download

Rogers Insurance and CapriCMW Merge to Become Acera Insurance.

A-WIN Insurance, as part of the Rogers Insurance Group, is now Acera Insurance.

As one unified company, we are now one of Canada's largest independent and employee-controlled brokerages.

LEARN MORE