Insurance Fraud accounts for approximately $80 billion dollars in annual losses to insurance companies, that’s BILLION with a B or $80,000,000,000. If that wasn’t already bad enough, there are many individuals who believe it is ok to commit Insurance Fraud because they see it as a victimless crime to a faceless insurance company. But as we already know, there is a victim, and that victim ends up paying for this “victimless crime”
As an insurance company, it is very important for you to ensure you are only paying out valid claims because these losses can quickly stack up. We always recommend hiring a private investigator the moment you suspect an individual is falsifying or exaggerating a claim. The Hargett Agency, LLC will dispatch a surveillance specialist, or multiple specialists to document actual claimant activity and provide you with the evidence you need to mitigate your losses.
Conducting an investigation will provide you with definitive evidence supporting your case in order to prevent you from paying out fraudulent worker’s compensation claims.