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Car Accident Fraud Can Cause Insurance Prices to Rise

Man And Woman Having Argument After Traffic AccidentCar insurance, the price you pay is going to increase!

It is hard to believe during 2009, Tampa experienced a 290-percent increase in questionable claims related to staged or caused accidents, the CFO’s office said in a press statement. A staged accident can generate tens of thousands of dollars in fraudulent claims.

The statement said that the three cities of Tampa, along with Miami and Orlando, make up three of the top five cities nationally for questionable claims associated with staged accidents, and PIP fraud accounts for more than 40 percent of Florida’s annual insurance fraud referrals.

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