Over the last year, plenty of insurance scams have surfaced online and in real life, especially health insurance scams. However, there are several types that we expose in this category.
We have a full list of insurance scams below. Many brand names are tossed around in the emails we receive. The names include American Income Life, Bankers Life, or State Farm, which are real, but we will show you how the insurance scams work exactly.
Full List of Insurance Scams
The insurance scams go beyond typical policies. They also include churning, twisting, and other terms that you may not be familiar with. We’ll address them below.
Life insurance scams are also prevalent, as well as car insurance fraud. Educated yourself with the articles below.
If you suffered an injury after an accident, receiving compensation is an option. However, a personal injury settlement is a long process.
Unfortunately, insurance scams are on the rise. With insurance policies becoming more complicated for the ordinary layperson to understand, there are many traps into which you could fall. Here is a look at the most common insurance scams and traps you need to avoid. 1. Type of Fraud: Insurance Scams Insurance fraud in the United […]
Save a Dollar: Car Rental Insurance Fees Fraud – How It Works Renting a car seems to be more popular by the day. It is mostly because the prices went down over time, while the quality of the vehicles has increased proportionally. However, there are many rental companies that use deceiving practices in order to […]
Car Insurance Scams Everyone Should Be Aware Of There is no secret that the insurance industry is one of the biggest money-making platforms in the world, oftentimes creating controversy on so many levels. The truth is, in this sector, there will always be plenty of victims (read ‘money to be made) – not just real, […]
How the scam works: A fake ‘off-duty’ doctor that you may meet and befriend in one of the exotic countries you visit offers to sell you fake medical documents. He says that he helped several tourists over the years to win fake travel insurance claims back in their countries, using these medical approved docs. Lots of tourists fall for […]
Auto Insurance Sold Via Whatsapp Scam: How It Works A scam is circulating these days regarding cut-rate auto insurance policy solicitations coming via Whatsapp. Crooks are trying to add legitimacy to their scheme by using names of legitimate companies. They pretend to be representatives of these well-known insurance agencies, whether in the USA, Canada, UK, […]
How the scam works: With slightly more than 75% of North Americans possessing at least one credit card, and 51% owning three or more, using credit cards for virtually everything has become the norm. Most card users are concerned about identity theft and will do what they can to avoid becoming a victim. Ironically, this […]
How the scam works: (with video below) Auto coverage rates have skyrocketed in the past years. Auto owners are searching for the best rates and it often gets confusing deciphering claims made by the major insurers. However, recently there has been a scheme regarding auto insurance in the United States, and the President’s name is being […]
How the scam works: When a spouse dies there are so many things that need to be handled almost simultaneously. Burial arrangements made, death certificates sent out to creditors and life insurance policies cashed out. It is the issue of life insurance that brings us to our latest scam. The deceased spouse insurance scam works […]