Fraudsters and Scamsters, oh my!

It doesn't take long for eyes to glaze when detailed talk about no-fault insurance gets rolling.  It's not a surprise, really.  We all get insurance because we hope to never need it, so talking about it a lot is never a very attractive proposition.

I'm not gonna tell you this article is a great vacation-time read to take-in while drinking a Corona on a beach.  But it does shed important light on why insurance costs in Michigan are higher than most other states and why the Drivers for Savings solution is important.

Dennis Handley is an auto insurance fraud investigator in Michigan. For the most part, he is the insurance fraud investigator in Michigan—the other investigator is just part-time.

Handley investigates “questionable claims”—insurance claims that do not seem entirely valid—for the National Insurance Crime Bureau. The NICB is a not-for-profit organization funded by property/casualty insurance companies, which, in its words, “partners with insurers and law enforcement agencies to facilitate the identification, detection and prosecution of insurance criminals.” It’s a partnership that does not always come easily.

As you might expect from someone who spends his day investigating fraud in Michigan’s auto insurance system, Handley tends to think there is a lot of it to be found: fraud that’s driving up premium rates and should be stopped with major reforms to Michigan’s unique auto insurance system.

Read the rest.  Join the Drivers for Savings community. Then, enjoy a nice beverage.