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Desperate car owners resort to insurance fraud

Filed under: Budgets, Debt, Transportation, Fraud

The Associated Press reports that "Driven to desperation, a growing number of financially strapped car owners are torching, sinking or ditching their vehicles and then reporting them stolen to cash in on the insurance." In Las Vegas, car insurance fraud cases are up more than threefold and other police departments are reporting smaller but still meaningful increases in the crime.

If you're reading this and thinking about setting your car on fire or driving it into a ditch and reporting it stolen, please, please, please don't do that. You might get away with it, but you might not. And if you don't, you could end up in jail for a long time -- and that, combined with penalties and legal fees, won't exactly help your financial situation.

Continue reading Desperate car owners resort to insurance fraud

Desperate car owners resort to insurance fraud originally appeared on WalletPop Blog on Thu, 11 Jun 2009 08:00:00 EST. Please see our terms for use of feeds.

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Source: WalletPop Blog

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You can get some great information online regarding short term car insurance. These are typically policies that are available for anything less ...

6 month car insurance - News


Users of comparethemarket.com Could Save Nearly 60% On Car Insurance, Latest ... MarketWatch (press release)
- Jan 27, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGzAVN86PPxxpYHKAwy0fMz1J1Iegamp;url=http://www.marketwatch.com/story/users-of-comparethemarketcom-could-save-nearly-60-on-car-insurance-latest-research-reveals-2012-01-27bUsers of comparethemarket.com Could Save Nearly 60% On bCar Insurance/b, Latest b/b/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1The research was conducted last bmonth/b by Consumer Intelligence Ltd, which used data from 2000 risk profiles from 50 bcar insurance/b providers (generating 86315 bcar insurance/b price quotations in total). Commercial Director for comparethemarket.com, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dcTfTl_F7wuuRsMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Insurance King Is Saving People Hundreds of Dollars on Car Insurance SBWire (press release)
- Jan 25, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGHda0wzFC3Ax2VfWIfma5M1jgY4Aamp;url=http://www.sbwire.com/press-releases/sbwire-124206.htmbInsurance King Is Saving People Hundreds of Dollars on bCar Insurance/b/b/abr /font size=-1bfont color=#6f6f6fSBWire (press release)/font/b/fontbr /font size=-1bInsurance/b King represents several different bInsurance/b Companies, finding you the best price for the coverage you seek. “I have been with bInsurance/b King for b6/b years, I saved $33 per bmonth/b when I switched and have been happy ever since./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dCXKF_OL9iQHn8Mnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Teenage drivers in Lincolnshire warned over suspect insurance firms This is Lincolnshire
- Jan 25, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE0WCHXy1FNwDz8fG-qG_oTHjpaLwamp;url=http://www.thisislincolnshire.co.uk/Teenage-drivers-Lincolnshire-warned-suspect/story-14457047-detail/story.htmlbTeenage drivers in Lincolnshire warned over #39;suspect#39; binsurance/b firms/b/abr /font size=-1bfont color=#6f6f6fThis is Lincolnshire/font/b/fontbr /font size=-1Apprentice chef Nathan Jones, 17, had unwittingly driven uninsured and illegally for a bmonth/b. Brake time: Apprentice chef Nathan Jones has unwittingly driven uninsured and illegally for a bmonth/b after buying invalid bcar insurance/b from a firm, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dc6bO63k0fVG5qMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

She escapes darkness at Trents Lighthouse Cincinnati.com
- Jan 30, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGwgPfWk0A-w07_nhG8RtP50Uu9OQamp;url=http://news.cincinnati.com/article/20120130/NEWS/301280016/She-escapes-darkness-Trent-s-Lighthouse?odyssey%3Dmod%257Cnewswell%257Ctext%257CFRONTPAGE%257CsbShe escapes darkness at Trent#39;s Lighthouse/b/abr /font size=-1bfont color=#6f6f6fCincinnati.com/font/b/fontbr /font size=-1She awoke at b6/b am with her father banging on the door. Police called him when they couldn#39;t reach her. “Kim, I have really bad news,” Ron Henry said. “Something really bad happened to Brian. He#39;s gone. He was killed in a bcar/b accident last night./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=ddiZKVk0IPWVMnMnobrb/b/nobr/a/font/div/font/td/tr/table

In the News:Brandt Snedeker wins at Torrey Pines Memphis Commercial Appeal
- Jan 30, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHyHA5EwK0KK1CRDmfS4stKZ_2jugamp;url=http://www.commercialappeal.com/news/2012/jan/30/no-headline---2012-01-29-230420326923/bIn the News:Brandt Snedeker wins at Torrey Pines/b/abr /font size=-1bfont color=#6f6f6fMemphis Commercial Appeal/font/b/fontbr /font size=-1Brandt Snedeker won the Farmers bInsurance/b Open in a playoff not even he thought was possible. Chris Carlson/Associated Press Brandt Snedeker tips his visor on the 18th green at the Farmers bInsurance/b Open. At this point in his day, he figured he#39;d b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dR98egiGYaboR_Mnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table