The next time you file an accident claim don’t be surprised if your insurance company wants to download data from your car or truck to make sure you’re telling the truth.
No one knows exactly how much auto-insurance fraud goes on, but experts peg the losses at up to $30 billion.
That covers a wide range of cheating, from lying on an application to staging accidents and bogus injuries. But deliberately deceitful accounts about how a wreck occurred are part of the problem, too.
Let’s say a driver sideswipes a parked car or backs into tree.
Instead of reporting the mishap as it actually happened, he drives to the mall, parks his car and claims to be victim of a parking-lot hit and run.
A law enforcement officer will more than likely take the driver at his word, write up the report as a hit and run, and the driver will file a claim with his insurance carrier.
Although insurers know this kind of fraud happens every day, they’ve chosen to pretty much ignore it.
That’s changing however, as those companies consider making better use of the Event Data Recorder (EDR) that’s in most vehicles today and will be in all new vehicles this fall.
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