Insurance fraud in Ontario is hurting all of us by increasing the cost of insurance, when the one thing we all want is cheaper car insurance. Defrauding or attempting to defraud an insurance company is a criminal offence that can result in jail time, and good luck trying to be insured again in the future.
While most of us would never try to defraud anyone, simply not being truthful on an insurance claim form is a type of insurance fraud. Even withholding information from your insurance provider about past accidents or driving convictions is considered fraudulent behaviour.
Other examples of insurance fraud are:
There are many ways we can help the police and the insurance companies, along with the Ontario government fight insurance fraud.
We all want to keep our insurance rates as low as possible and preventing and reporting fraud will certainly help us do that.
If you have any questions or concerns about how your policy works, feel free to contact the insurance experts at Mitchell & Whale Insurance Brokers at 1-800-731-2228 or firstname.lastname@example.org. We’d be happy to discuss any insurance topic on your mind.
Want to add to this story? Let us know in comments below! Mitchell & Whale is a fast-growing insurance brokerage in Ontario, striving to make insurance _not suck_ one customer at a time. Give us a call today to discuss any of your insurance needs at 1.800.731.2228.