Insurance Fraud

Insurance fraud is the act of deliberately deceiving an insurance company to gain a benefit or payment that is not deserved. This can involve providing false information, exaggerating claims, or staging accidents. For example, someone might fake an injury or damage to property to receive compensation. Insurance fraud is illegal and undermines the integrity of the insurance system, leading to higher premiums for everyone. It is taken seriously by law enforcement and insurers, with significant penalties for those caught committing such acts.