First it was spurious claims for whiplash and other injuries, then it was "crash for cash". Now a new type of fraud is affecting the insurance industry - pet scams.
Dishonest claims on animal policies almost quadrupled last year, making it the fasting growing area of insurance crime.
Figures from the Association of British Insurers show there was £1,929,900 worth of pet insurance fraud detected last year – up from just £420,000 in 2009.
However, the true scale, is thought to be far higher and pushing up the average £220 premium. A total of 2.3 million cats and dogs were insured last year and virtually every type of animal can be covered. Full story...
Don't miss:
Dishonest claims on animal policies almost quadrupled last year, making it the fasting growing area of insurance crime.
Figures from the Association of British Insurers show there was £1,929,900 worth of pet insurance fraud detected last year – up from just £420,000 in 2009.
However, the true scale, is thought to be far higher and pushing up the average £220 premium. A total of 2.3 million cats and dogs were insured last year and virtually every type of animal can be covered. Full story...
Don't miss:
- WTF! Pets being abandoned for stupid reasons...
- As the economy falters, pets pay a heavy price. Sad...
- Big Brother Britain is watching dog owners and their pets' pooop!!!
- Couple tried to claim insurance benefits by eating ... glass!!!
- Apparently the Russians make car insurance commercials using ... boobs???
- American woman falls for online scam and ends up in Australia!!!
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