Every year, billions of dollars are lost due to people filing false insurance claims. Because that kind of loss tends to trickle downward, the rest of us pay much higher premiums.
Unfortunately, there are a lot of dishonest people in the world. They are the ones who torch their own vehicles and then insist that their cars were stolen. They set fire or hire someone to set fire to their homes and businesses. And, you guessed it, they lie about it in an effort to rake in the big bucks.
Those who commit workers compensation fraud or disability insurance fraud to collect benefits also very negatively affect the rest of us and the workforce in general. Most of the time, a person files a false claim, [...]