The Federal Bureau of Investigation reports that the insurance industry consists of more than 7,000 companies that collect over $1 trillion in premiums each year. The massive size of the industry contributes significantly to the cost of insurance fraud by providing more opportunities and bigger incentives for presenting fraudulent or exaggerated claims.
They report that the total cost of insurance fraud (non-health insurance) is estimated to be more than $40 billion per year. That means Insurance fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums. The New Jersey Office of the Insurance Fraud Prosecutor places the cost at $1,400 per New Jersey family.
Don C. Taylor Associates, LLC can be YOUR PARTNER in detecting such fraudulent or exaggerated claims. We will work in the field, gathering facts and observations, thus serving as the eyes and ears of the claims adjuster in their evaluation of the presented claim. We subscribe to the latest, most accurate databases available, including federal and state court records, public records, and are privileged to have been granted, and maintain, online access to NJ MVC records. We can also reach our investigative arm into other states through these sources and by collaborating with our professional partners.
Offering many services with fixed price points, which allows you control of claims costs, we can also tailor any flat-rate investigation according to your specifications.
Investigative services specifically tailored to meet the adjustor’s claims service needs
PIP Household Checks
Asset and Income Checks
Surveillance Camera Canvasses
Accident Scene Investigations
Social Media Search
Traffic Signals Study
Traffic Speed Radar Studies
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