Public perception that it’s acceptable to exaggerate an insurance claim, on the basis that it’s a victimless crime, has shifted in recent years. However, with the continuing Cost of Living Crisis it’s evident some policyholders are inclined to ‘get their money’s worth’ when making a claim.
What is fraudulent exaggeration?
Fraudulent or gross exaggeration involves the flagrant and deliberate attempt to increase the value of a claim beyond the limit of truth, a common type of insurance fraud.
Recent cases of attempted car insurance . . .
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