Classic car fraud. Classic car owners facing unforeseen costs have been known to file file fraudulent claims to help cover the cost of restoration. (Photo: Shutterstock)

Spending most of its life waiting for a turn on the open road, a classic car typically lives a pampered life in a structurally sound, climate-controlled garage equipped with a fire extinguisher, sprinkler system and alarm. When the weather turns warm or there is a chance to participate in a local car show, owners and their vehicles will hit the road looking to show off fancy rims, glossy paint jobs and lots of chrome. It is also when classic cars face the greatest risk of a loss or an accident.

While the majority of auto claims are legitimate, claims professionals should be aware of some red flags that could indicate insurance fraud.

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