If you’ve been accused of insurance fraud, you’re likely going through a very stressful time. Especially if you’re being falsely accused, it can be a challenge to have to deal with the fraud accusations in addition to the other insurance claims you’re trying to manage. And because the consequences of being found guilty of insurance fraud can be extremely damaging to your life and reputation, you’re probably wanting to know the best way to handle this situation. So to help with this, here are three tips for managing an insurance fraud accusation.
Hard Fraud vs. Soft Fraud
In the world of insurance fraud, the actual fraud usually happens one of two ways; it’s either hard fraud or soft fraud. According to FindLaw.com, hard fraud is when someone intentionally tries to create a false insurance claim in order to get money from their insurance company. On the other hand, soft fraud is when someone either unintentionally or unknowingly exaggerates or fabricates their claim. In some cases, people may accidentally be committing fraud and not even realize it. But regardless of whether the fraud is intentional or not, there can still be harsh consequences, which is why you need to know how to protect yourself.
Contact An Attorney First
Once you’ve been informed that you’re being investigated for insurance fraud, the first thing you’re going to want to do is contact an attorney. Regardless of whether you think you’re innocent or not, finding representation can make your life a whole lot easier. According to CarInsuranceComparison.com, many people choose to wait too long to seek counsel because they want to save themselves some money. However, the potential costs that could be associated with trying to manage this claim by yourself can be immense. So rather than get yourself into more trouble, contact an attorney who can help you navigate this situation.
Get Your Paperwork In Order
In order to prove that you aren’t guilty of committing insurance fraud, you’re going to have to get the necessary paperwork together that can show how and why your claim was filed with your insurance company. According to Laws.com, this paperwork could include bank statements, credit card reports, payments from your insurance, medical paperwork, police reports, and more. If you haven’t been keeping good track of these documents, try to compile the most complete set of paperwork you have and get copies of documents that you no longer have in your possession. Getting the right paperwork together can make fighting the accusation of fraud much easier for both yourself and for your legal representation.
If you’ve recently been informed that you’re under investigation for insurance fraud, use the tips mentioned above to help you figure out how to best handle these unfortunate circumstances.