Are car insurance companies fair in raising car insurance premiums?

Car insurers are often perceived to be the “meanies” – companies collecting premiums and then refusing to make payment when insurance claims are filed, or as companies unfairly raising car insurance premiums. I have spent some time reading about car insurance claims and have come to an interesting finding…we should spare a thought for car [...]

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Can Hi-Tech technology help to curb car insurance fraud?

On the Car insurance Blog we have warned about the dangers of car insurance fraud. We have also discussed the importance of blowing the whistle on car insurance fraudsters and alerted the online community to the work done by the South African Insurance Crime Bureau!

How can technology – and more specifically Hi-Tech solutions assist in [...]

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Gauteng arrest should warn all car insurance fraudsters!!

On the car insurance blog we have warned fraudsters and urged the public to blow the whistle on those who commit insurance fraud! We are pleased to report that the public has blown the whistle on one such fraudster!

A Gauteng man’s attempt to defraud his insurance company with a faked hijack report backfired when police [...]

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To what extremes would you go to claim from car insurance?

2009 has been a challenging year for most of us. Even though there might have been positives, most of us are looking forward to 2010 and are praying for an upturn in the economy. Too many jobs have been lost and most people have struggled with debt and acquiring loans from banks and other financial [...]

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South African Insurance Crime Bureau tackles insurance fraud

The Car Insurance Blog is pleased to share an important update on the fight against insurance fraud in South Africa. The South African Insurance Crime Bureau [SAICB] has, at the start of November, reviewed a year of operations and provided insight in the efforts to reduce insurance fraud threatening the insurance industry!

Objectives in establishing the [...]

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Blow the whistle on insurance fraud?

We have written on this blog about fraud in an attempt to alert vehicle owners to the dangers of car insurance fraud. These posts reflected on topics such as types of car insurance fraud and whether polygraph testing could help to reduce car insurance fraud.

I am a firm believer that the law needs to be [...]

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Would you lie on your car insurance claim?

Would you try to justify telling a lie on your car insurance claim – or for that matter – any insurance claim? I find it strange how consumers justify telling a lie when submitting an insurance claim. It is as if they try to convince themselves that what they are doing is not wrong as [...]

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Can polygraph testing stop car insurance fraud?

Insurance fraud is one of the reasons why we complain about expensive car insurance premiums. Too many claims include some element of fraud, varying from exaggeration of the amount claimable to outright falsity of the alleged facts relied on.

When submitting an insurance claim the insured client makes specific statements and disclosures – and the onus [...]

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Be alert to the types of Car Insurance Fraud

Many have asked the question – “Why are car insurance premiums so expensive?” This question has multiple answers including theft, road conditions, escalating costs of vehicle repairs etc. Unfortunately many insurers have to increase car insurance premiums due to the substantial rate of fraud in the car insurance industry. Industry experts have estimated that from [...]

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The truth, whole truth and nothing but the truth with car insurance!

It is important that the owner of a vehicle carefully considers the risks to his vehicle and how to protect himself from the financial risks threatening his ownership. Car Insurance is the best measure to have peace of mind that the financial interest in ownership is  – but then there must be total disclosure and [...]

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