Is your business vulnerable to auto fraud and theft? Each year, our industry experiences losses of approximately $12 billion to auto fraud and theft, split down the middle: $6 billion in auto theft and another $6 billion in fraudulent or inflated auto injury claims. Even if your commercial clients own no vehicles in their businesses,… Read More
auto insurance fraud
Auto “losses” from a convicted felon
The insured claimed he was held up by gunpoint at his business. He claimed he was hogtied and pistol-whipped; then the suspects stole four vehicles from his auto repair shop, including one of his personal vehicles. He did not call the police to respond to his business but drove himself to a local police station… Read More
Who was driving that truck?
This commercial auto loss was reported by the claimant who claimed that a truck trailer’s door blew open, causing damage to a parked and unoccupied vehicle owned by the claimant. The claimant provided a photograph of an insurance identification card referencing the insured and a vehicle that is listed in the schedule of covered autos… Read More
Major bodily injury claimed when car was going less than 2 mph?
Two years ago, an adjuster was assigned an auto injury claim involving one of our insured’s ambulances. Nothing like large commercial policy limits to whet an attorney’s appetite. Our driver admitted fault, actually offering to pay for the damage himself. It seems our ambulance caused a little damage – $530 worth – to the Prius…. Read More
Surveillance prevents an auto theft claim
A senior investigator was doing what he enjoys – personally conducting surveillance on a workers’ compensation claim in Anaheim, California. Always aware of his surroundings, the investigator saw a car stop in the middle of the street. The passenger got out, and it was clear he was particularly interested in the truck behind the investigator…. Read More
Overloaded truck blocked view, resulting in accident
An adjuster had a disputed auto accident claim. The claimant said she and her daughter were injured when the insured pulled into her lane on a busy Los Angeles Street. The insured confirmed that she changed lanes from the far right to the far left lane to make a turn but blamed the claimant for… Read More