Los Angeles Insurance Fraud Attorney
What is insurance fraud?
The California Department of Insurance defines insurance fraud as when an individual "knowingly lies to obtain some benefit or advantage to which they are not otherwise entitled." These crimes could be investigated by the Fraud Division and can result in felony convictions. According to one report, insurance fraud costs businesses and clients over $30 million every year. Although people may think it does not affect them, it drives premiums up. The most common types of insurance fraud involve:
- Vehicles
- Healthcare
- Personal Injury
- Property
- Fire
- Workers' Compensation
In regards to automobile insurance fraud, false information regarding damages, theft, or vandalism could result in increased reimbursement from the insurance company. Fraud relating to healthcare includes exaggerated claims and inflated billing. In personal injury cases, offenders may amplify the seriousness of their injuries order to seek more compensation.
Insurance fraud can also be against the customer. By selling unlicensed or fake insurance claims, victims' money is stolen and they are left uninsured when hard times come. Not only that, but established insurance companies or insurance broker's may steal client's premiums.
Talk to a Los Angeles insurance fraud attorney
Penalties for insurance fraud can result in up to twenty years in state prison as well as heavy fines. That is why you need a strong legal advocate if you are facing this type of fraud. The Law Offices of Robert Schwartz are dedicated to providing the accused with aggressive defense and will put their thirty-five years of experience to use helping them get their life back on track. A Los Angeles white collar criminal attorney understands that not everyone who is accused of a crime is guilty and so seek to get charges dropped or reduced on every case.
To speak to their AV-rated firm, contact a Los Angeles insurance fraud attorney for a free case evaluation.