Auto fraud is when a person intentionally deceives an insurance company in order to get money; where there is no legal claim. There are various ways a person commits insurance fraud such as staging an accident, a car theft, falsifying insurance claims or faking an injury.
Victims of auto fraud need to speak with auto fraud lawyers who can provide representation and defense for people who have been wronged. Johnson and Biscone are auto fraud lawyers in Oklahoma City and represent people all across Oklahoma in auto fraud cases.
Unfortunately, auto insurance fraud is increasing in the U.S. and such actions of fraud cost auto insurance agencies a great deal of money every year. Because auto insurance fraud is so prevalent and causing huge problems, the penalties for those charged with fraud are serious and often long term in nature.
It is important to note that there are several categories of insurance fraud such as soft insurance fraud, hard insurance fraud and frequency of fraud. Soft insurance fraud is looked upon as a minor offense, compared to hard fraud. This kind of fraud is when a person takes advantage of a situation that has already occurred. This kind of auto fraud is common because it is easy to do and often difficult to detect.
Hard insurance fraud is more serious than soft insurance fraud and occurs when a person deliberately causes an accident or stages a theft or intentionally sets up a situation where insurance money could be received by fraudulent means. Frequency of fraud is when a person exaggerates about legitimate injuries received in unplanned accidents. This is a frequent event for some because it is easy to do and in some cases is hard to detect.
If a person is found guilty of auto fraud there are several things that can happen that can totally disrupt a person’s life such as spending time in prison, being fined a great deal of money, having a harder time finding a job, having a criminal record, suffering from social stigma and paying a higher insurance premium. Losing your license for a period of time is another thing that can totally disrupt your life. Not being able to drive can affect your employment and family life.
It’s important to file auto fraud claims so that the perpetrators do not go without legal punishment. If criminals aren’t brought to justice, then auto fraud will continue to disrupt people’s lives and continue to be an issue in Oklahoma and the U.S.
Speak with the Oklahoma auto fraud attorneys at Johnson and Biscone for legal counsel and representation – http://oklalegal.com/auto-fraud/