Insurance fraud is increasing for restoration contractors. The most frequent cases involve worker’s compensation claims and health insurance. As the amount of fraud increases, so do the tactics used by insurance investigators to catch the perpetrators.
Fraudulent can and will adversely affect your insurance premiums so it’s important that you for the following red flags that may indicate fraud or at least the need to investigate a claim more closely:
If you have noticed any of the above warning signs with claims at your restoration company, please contact our office for suggestions and ideas on how properly investigate potential fraud and how to prevent it in the future.