Did You Know?
Insurance fraud in America costs:
- $308.6 billion annually on all lines of insurance (Coalition Against Insurance Fraud – The Impact of Insurance Fraud 2022 Report)
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Studies reveal the source of the phony claims filed each year:
- More than one-third of people hurt in auto accidents exaggerate their injuries.
- Nearly one-third of doctors exaggerate the severity of a patient’s illness.
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Prosecution of insurance fraudsters by the Utah Insurance Fraud Division has increased dramatically in the last 5 years.
- Arrests are up 159%
- Felony charges have increased by 377%
- Restitution to victims has skyrocketed by 704%
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