Your new car NJ dealer wants to warn you about the rise of auto insurance fraud. Since economic times are tough, many people are looking for ways to get some money, even if that means committing a felony to do so.
Auto insurance companies have noticed a sharp increase in vandalism claims. More and more people are “torching, drowning or dumping” their vehicles in hopes of claiming the insurance money. Auto fire insurance claims have increased by at least 6 percent in the last year with Michigan, New York and Indiana being the “hot spots” (pun intended) for these types of claims. In these three states alone, burned car claims have gone up between 13 and 18 percent, according to State Farm Insurance’s special investigations unit.
Another example of this behavior occurred just months ago before Hurricane Gustav hit. Dozens of new cars were left at the water’s edge in Gulfport, Mississippi within hours of the hurricane’s landfall. There are even crime rings across the country that will steal and burn your car for a price or destroy them beyond recognition.
“Increasingly, people are turning to insurance fraud as a quick bailout for their financial misery, to get out of auto leases they can no longer afford, and to pay off credit card or mortgage debt,” explained a spokesperson for the Coalition Against Auto Fraud.
Your Denville area Jeep dealer just wants you to know these things are going on. But you can get a great deal on a new or used car at your new car NJ dealer so you won’t have to resort to such extreme measures to make your car payments. Check one out today!
Tags: insurance fraud, jeep dealer, new car nj, new jersey