Auto insurance scams are becoming increasingly common these days, and it’s important to be aware of them in order to avoid becoming a victim. In this blog post, we will discuss the five most common auto insurance scams and provide you with useful tips on how to protect yourself. So, buckle up and get ready to learn how to safeguard your wallet and your car! Welcome to our guide on The 5 Most Common Auto Insurance Scams & How to Protect Yourself, brought to you by BlackboxMyCar.
Title: The 5 Most Common Auto Insurance Scams & How to Protect Yourself | BlackboxMyCar
Car insurance fraud cases have increased dramatically during the COVID-19 pandemic. Families are now paying an additional $400 to $700 per year on car insurance premiums due to scams. Florida and New York have the highest rate of car insurance fraud in the US. Fraudulent car repairs, staged car accidents, bandit tow truck, exaggerated injuries & damages, and jump-in passenger scams are common. But, there are ways to protect yourself against these scams. In this article, we’ll discuss the five most common auto insurance scams and how you can protect yourself.
The 5 Most Common Auto Insurance Scams
- Staged Car Accidents
Scammers intentionally cause accidents to defraud the insurance company. They might brake suddenly in front of you or deliberately crash into your car. Then, they’ll file exaggerated injury claims, blaming you for the accident. To protect yourself, be aware of your surroundings and keep a safe distance from other cars. Also, consider installing a dash cam in your car. It can provide video evidence of the accident and help the insurance company investigate.
- Jump-In Passenger Scam
Some scammers might jump in front of your car, while their accomplice hides nearby. When you stop the car, the accomplice will steal your valuables or the car itself. To avoid this scam, always keep your doors locked while driving, especially in congested areas. Also, don’t stop your car if someone tries to lure you out by pretending to be injured or in distress.
- Bandit Tow Truck Scam
Some tow truck drivers might tow your car without your consent, then charge inflated fees to release it. To avoid this scam, always check the company’s license and identity before allowing them to tow your car. Also, never allow tow truck drivers who arrive without being called to tow your car.
- Exaggerated Injuries & Damages Claim
Scammers might exaggerate their injuries or damages to defraud the insurance company. They might even collude with medical professionals to fake injuries. To protect yourself, always report accidents immediately and call the police. Also, be wary of medical professionals who encourage you to exaggerate your injuries.
- Fraudulent Car Repairs
Some repair shops might suggest unnecessary repairs or overcharge for their services. They might even use substandard replacement parts, compromising your car’s safety. To avoid this scam, always research the repair shop before using them. Also, ask for a detailed estimate and don’t be afraid to question the necessity of the repairs.
How to Protect Yourself
One of the best ways to protect yourself against auto insurance scams is by using a dash cam. A dash cam can potentially capture the evidence needed to prove your innocence in case of an accident. Scammers are also less likely to attempt fraud if they know that their actions are being recorded. BlackboxMyCar offers a wide selection of dash cams on their website. They have different models, features, and prices to fit your needs and budget. Use exclusive YouTube code BBMCTUBE for 5% off your order on BlackboxMyCar website.
Auto insurance scams are becoming more common during the COVID-19 pandemic. Scammers use different tactics like staged car accidents, exaggerated injury claims, fraudulent car repairs, jump-in passenger, and bandit tow truck scams to defraud the insurance company. To protect yourself, install a dash cam in your car, be aware of your surroundings, and avoid unknown repair shops or tow truck drivers. Don’t let scammers take advantage of you and your family.
Are dash cams legal in the US?
Yes, dash cams are legal in most states in the US. However, check your state’s laws and regulations before using one.
Can a dash cam lower my car insurance premiums?
Some insurance companies offer discounts for using a dash cam. Ask your insurance provider if they offer such discounts.
Do I need a professional to install my dash cam?
Most dash cams are easy to install, and you can do it yourself. However, if you’re not sure, seek professional help.
Can a dash cam record at night or in low-light conditions?
Some dash cams have night vision or low-light recording capabilities. However, check the camera specifications before purchasing one.
Can a dash cam increase my car’s resale value?
Having a dash cam in your car can potentially increase its resale value, especially if it has valuable footage of an accident.