Auto Crash for Cash Scams Reaching Unprecedented Numbers
Crash for cash first became a problem for the world to see and be horrified about in 2013 when news from the United Kingdom continuously reported incident after incident. No one was really worried in other countries as it seemed to be contained in the UK. However, recent events say something else:
- A group of three were busted second week of June 2015 in Florida for crashing cars on purpose
- On the first week of June a couple from Louisiana staged a U-haul crash
- In May, there were at least 6 incidents in California and Florida of fake car crash reports and auto fraud crimes
Insurance scams are fraud and fraud is now the country’s second most popular financial crimes where 20% of bodily injury claims and 10% of auto damage claims are falsified. Criminal rings do exist in the country that falsify reports, blemish driving records, and demand cash from law-abiding drivers in exchange for non-filing of insurance claims. Victims agree because it would be cheaper to pay than face increase in premium and have a blemish in their driver’s records.
Getting rear-ended which in street talk is “swoop and squat” usually happens on an incline where the scammer abruptly shifts lane to go in front of the victim and force a rear-end crash.
The result: a demand for cash to cover damages and extensive injuries. But this isn’t the entire scam scenario yet. Another person will approach you and offer his services as a lawyer, mechanic, tow service, or insurance broker.
You can avoid this by keeping a safe distance and stay alert. A fast overtaking car should be a warning to slow down. Also look for CCTV as evidence that you are not at-fault and only deal with your insurance company, the police, and credited services.
Phantom victims usually target online claims by filing a claim as a passenger during the time of the accident. Yes, it seems so incredulous but there are people who get victimized, scared, and decide to pay off the claim rather than get a mark on their record.
This is pretty easy to avoid if you insist on a written document at the time of the accident detailing what happened and have the other party sign the document.
You should also have photos and get the details of the other party like driver’s license number, car registration details, the scene of the accident, and passenger details.
The bottom line is that there are scammers everywhere and it pays to document any accident or incident using paper, pen, or your mobile gadget. Most of all do not panic. If you are unsure of your safety, call 911.
See more topics on twitter search #crashforcash #scam
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