Insurance Fraud California Attorney – Your Partner in Fighting For What Is Right
Insurance fraud is any action in which a person will try to get the money you paid an insurance company. Industry experts believe that 10% of insurance claims are not real. This goes to show how prevalent this type of fraud is. You’ll never accurately pinpoint these fake claims. Because of all these illegal dealings, the insurance industry endures huge losses. This is why insurance companies may charge you higher premiums to get back the money they lost.
Car, life, health, and property insurance can all be subject to insurance fraud. California is a big enough state where people can easily resort to these mischiefs. The following is a good example of how people do this. Let’s say you were driving and you found yourself an accident. You then go to the car insurance company and claim the windshield is broken, while it’s not. The insurance company is going to then replace it for you.
When you make up a story, you’re being paid even if it never happened. This is called hard insurance fraud in California. It can either happen on paper or in a live situation. In a paper incident, a medical provider will submit claims for services that are non-existent. In a live situation, somebody is going to burn down a house to get an insurance payout.
What are the different scenarios of insurance fraud in California?
One kind of insurance fraud is products and investments that don’t effectively or fully disclose surrender charges, or other penalties. These products misrepresent or feature an illusory bonus or death benefit that penalizes the deceased along with his or her family with deferred annuities.
Long-term care insurance fraud involves companies and agents abusing their rates. If you find that your premiums have gone up to an absurdly high level, get professional advice from a lawyer.
Another deceitful activity is when health insurance companies pay unfair or larger and potentially unjustified reimbursement rates. This happens for certain services, and more common for in-network providers than for out-of-network providers.
Sometimes a person’s race or sex plays a role in insurance fraud. California has a number of cases where a person’s race or sexual orientation plays a large role whether they are given an insurance policy and how much premium they must pay.
Agents are among the key causes of insurance fraud. They will replace insurance policies without reason in order to earn a commission for themselves. There are also fraudulent billing practices where the consumer or government pays more than they really should.
How do I find a lawyer to help me?
There are lots of law firms supplying this kind of service. They will build a case and allow you to understand your rights during this difficult process. If the bank has fooled you, you can also hire the services of a bank fraud lawyer as well.
You could find the ideal law firm when you search online. Just make sure to check out their credibility and look for client testimonials. A client testimonial is a good sign that the services being offered are worth the amount of money you’ll pay.
Caitlin Mistry has worked with an insurance fraud California lawyer and a bank fraud lawyer.
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