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Young’s Investigative Services, Inc. is one of the best investigation agencies in Miami, FL. In This Presentation, you'll know what is insurance fraud and how private investigator helps you. For more details visit http://www.liesandprivateeyes.com/insurance-fraud/
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Insurance frauds have become conventional and are affecting both the insurance companies and the consumers. Insurance frauds occur when individuals or companies stake false claims staging accidents or false medical cases, etc. Frauds also result when insurance companies deny payouts or lose important papers.
An insurance fraud can be a hard claim. For instance, burning a building or crashing a car. On the other hand, a soft insurance fraud is when the value of a legitimate claim is inflated. Soft insurance frauds are more common than hard ones. A professional investigator uses a variety of tactics to verify the claim:
Surveillance: Surveillance involves keeping track of the activities of the claimant. It means to ensure that an individual’s claims are backed up by his behavior. It helps provide evidence against fraudulent claims.
Background Checks: It is helpful to investigate the financial history, credit card scores, past convictions, etc. of the claimant. The investigator can also check if the claimer has been involved in any kind of dispute with other insurance companies.
Web Research: It is surprising how many fraudsters publicize their success of fraudulent claims on social media. They even post pictures, etc. Hence, social media serves as a good resource to find evidence against such insurance fraud claims.