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(EMAILWIRE.COM, February 17, 2012 ) Ashville, NC -- With few seeing anything rosy on EuropeÂ’s economic horizon, a good number of Brits have turned to insurance fraud to pay for their fish and chips, pints of lager and posters of the shirtless and glistening David Beckham.
The Association British Insurers has said that fraudulent insurance claims had increased by 10 per cent last year. This rise goes hand-in-hand with the prevalent thought in the islands that exaggerated insurance claims are not actually dishonest.
The irony to the British situation is that most consumers surveyed about the matter said that insurance fraud is a victimless crime, while the fact is that each and every consumer of insurance pays the toll for this dishonesty through higher insurance rates and reduced access to low-cost insurance. Evidence of the increase in fraudulent claims is in the accident numbers in Britain. In the past six years, auto accident deaths have decreased by 23 percent as the number of reported injuries has skyrocketed by 70 percent.
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Source: EmailWire.com
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