Automotive infotainment and telematic systems can also give investigators clues, according to J.S Held. For example, GPS logs can detail the data, time and location of a reported loss. Credit: Shutterstock Automotive infotainment and telematic systems can also give investigators clues, according to J.S Held. For example, GPS logs can detail the data, time and location of a reported loss. Credit: Shutterstock

In financially dire times, more drivers attempt to alleviate monetary pressures by filing fraudulent insurance claims to cover their auto repair bills, according to J.S. Held, which reported many of these fraudsters erroneously believe that deep-moneyed insurance companies are the only victims of these crimes.

However, auto insurance fraud affects more than just insurance companies, as around 15% of all auto premiums paid are used directly to cover undetected fraudulent claims, J.S. Held reported.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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