Fraudulent Insurance Claim. Fraudulent claims raise the price of insurance for everyone, so it’s in a company’s best interest to verify that every claim is legitimate and accurate. These are the typical kinds of false claims made by employees or customers.
The costs are ultimately borne by policyholders and consumers, because insurance. False insurance claims are insurance claims filed with the fraudulent intention towards an insurance provider. The supreme court has held that a valid insurance claim supported by fraudulent evidence is no longer to be treated as a fraudulent claim.
