Bringing Insurance Fraud to an End | New York Alliance Against Insurance Fraud | Albany, NY

Are you a victim of insurance fraud? Do you know someone who has been affected by insurance fraud? Do you live in New York? We’re here to educate you! Visit www.fraudny.com  and learn how insurance fraud affects people across the country!

The positive feelings your family, friends and co-workers have for you can be destroyed in an instant when they learn you are a criminal, caught committing Insurance Fraud. Each year, insurance fraud costs EVERY New Yorker millions of dollars in higher insurance premiums and higher prices for goods and services.

Auto-related fraud is one of the worst. Staged auto accidents, inflated injury and damage claims, false registration, faulty air-bag or windshield replacement, towing scams and an owner falsely claiming their car was stolen or destroyed are costly examples of auto insurance fraud.

Insurance fraud is any act committed with the intent to obtain a fraudulent outcome from an insurance process. This may occur when a claimant attempts to obtain some benefit or advantage to which they are not otherwise entitled, or when an insurer knowingly denies some benefit that is due. The fact is that insurance fraud occurs everywhere in the state and takes many different forms: workers compensation fraud; owner give-ups in the auto theft arena, arson and fraudulent theft claims in the homeowners arena all cost many millions of dollars in fraudulent claims. That, in turn, increases insurance premiums for all New Yorkers.

No matter who commits the crime, there are devastating consequences to businesses and all of us. Injured workers may be left high and dry without proper coverage and honest businesses are dealt a double blow of increased premiums and unfairly losing contracts to lower priced competition. In addition, businesses pay the price through production delays, retraining costs and equipment replacements. These costs weigh our economy down.

Another form of fraud is victimizing businesses through fake healthcare plans which can leave business owners and their employees without meaningful coverage and saddled with thousands of dollars in medical bills.

Insurance fraud has a tremendous impact on Medicare and Medicaid as well. Nationally, these two programs lose an estimated 60 billion dollars a year to insurance fraud! Each and every one of us needs to take a zero tolerance attitude toward insurance fraud. Visit the New York Alliance Against Insurance Fraud online at http://www.fraudny.com and find out what you can do to help prevent insurance fraud from continuing in our state!

If you’d like to help prevent insurance fraud or report an incident of fraud visit us at http://www.fraudny.com or call us at 1-844-FRAUDNY.

The New York Alliance Against Insurance Fraud is located at:

203 Washington Ave Ext Suite 101,
Albany, NY 12203

Join the cause! Insurance fraud is no joke. Become a part of the New York Alliance Against Insurance Fraud!