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GEICO Reminds You of Ways to Help Protect Yourself from Auto Insurance ScamsAre you likely to become a victim of an auto insurance scam one day? Very likely, and because those scams are perpetrated regularly on unassuming drivers, GEICO has recommendations that could help prevent you from becoming one of those victims. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180224005001/en/ (Graphic: GEICO) Scams or insurance fraud schemes are committed by criminals every day and can happen anytime during the claims process. One of the most common auto insurance scams involves staged accidents. Staged accidents will typically involve multiple vehicles and several people in various scenarios. In part one of the classic "swoop and squat" staged accident, the criminals use a primary vehicle and a blocker vehicle. The primary vehicle swoops in front of the victim car and slams on the brakes, hoping to cause a rear-end collision The blocker vehicle travels alongside the victim's vehicle to prevent the victim from swerving to avoid the crash. In part two, during the confusion directly after the accident, multiple people are likely to appear and disappear from the scene and make false injury claims, adding to the overall cost of the claim. "If you suspect you're being scammed, contact the police or your insurance company," said Douglas Shiring, director of GEICO's special investigation unit. "And knowing a few ways to protect yourself could help you avoid a potential auto insurance scam." Shiring recommends:
If you suspect fraud, notify police or call GEICO (1-800-824-5404 ext. 3313). For more information, please go to GEICO.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180224005001/en/ |