The Role of a Dallas Insurance Fraud Investigator
When we think about insurance fraud, we should include activities like making a false claim that is more than the original damages, false dates being submitted on an insurance claim, mixing lies with the truth based on how the accident actually happened, etc. A person committing this fraud would think it’s no big deal since he is stealing from a large insurance company. However, that is far from the truth.
Each of the scenarios listed above legally qualifies as insurance fraud. This fraud can take multiple forms. But, it doesn’t matter, what the type is, as it causes huge losses to insurers either way. Therefore, the investigation of such matters becomes a serious matter for the companies that suffer. A Dallas insurance fraud investigator is usually the one to come to the rescue.
A little more about insurance fraud before we dive in!
Typically, an insurance industry will recognize 2 types of fraud as insurance fraud namely hard and soft. When a person knowingly makes a statement, it is said to be difficult. On the other hand, when someone has added just one element of fraud to a legitimate claim, they are said to be soft.
How is insurance fraud detected by companies?
The thing to keep in mind is that there are some types of insurance fraud that would be more difficult to detect compared to others. But, no insurance fraud has been impossible to detect. For starters, there are computer fraud detection programs to help with this problem.
This is the reason why many of the largest insurance companies are already using programs of this type that help in the detection of fraud. However, such programs do not eliminate the need for a human to actually investigate the fraud after it is detected.
This is where a professional insurance fraud investigator in Dallas would come into play. Someone who is experienced and has dealt with such cases before is the best option to make. He’ll know what the evidence might indicate once he finds them.
Once this skilled private investigator finds strong evidence of fraud in a business, the business will have a few options to move forward with the case. For example, they may try to reach an agreement with the person called the insured. This usually means canceling the policy or even denying the claim.
When it comes to much more serious cases, the state, federal or local police could also be involved in the matter.
Investigative Resources of Texas is the local team serving the Lone
Star State exclusively for more than two decades. They provide affordable Dallas investigations and services like fraud investigations, infidelity investigations, child abuse investigation help and many more. They always go the extra mile to answer questions with actionable, authentic answers. With their business for all these years, they have proven that investigations do not have to be expensive. Their sensitivity in handling cases is what makes them stand out from the crowd.
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