#AskSandraZisckind Fake or fraudulent accident claims increase the cost of insurance for everyone. It is estimated that fraudulent auto accident claims cost Canadians billions of dollars each year. Beside the financial impact of insurance fraud, it is also a criminal act. One way to avoid becoming a victim of a fake accident claim is to recognize how they occur. Fake accidents There are several scenarios under which fake accident claims are made, including: Actual accidents with additional “victims” added Staged accidents in which another vehicle purposely collides with your vehicle Pedestrians purposely stepping into or in front of your vehicle Reports filed ...
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#AskCoreySax Do you believe telling a little white lie is wrong? Have you ever told a little white lie to avoid hurting someone’s feelings? How about telling a little white lie to save money? In many cases, telling a little white lie does not come back to haunt you; however, there are some lies that can result in a financial hardship. For example, telling a lie on an insurance application can cause a lot of trouble down the road when you file a claim against the insurance policy. How Many Canadians Lie on Insurance Applications? TD Insurance conducted a survey ...
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