Mr. A had his car serviced at an auto repair shop after being rear-ended by another vehicle while driving through an intersection. The representative from the repair shop suggested taking this opportunity to apply a new glass coating and offered to issue a false warranty for the glass coating to facilitate the insurance claim. Mr. A attached the false warranty he received from the shop and claimed the cost of repairs, which included the coating expense, to the insurance company and received payment.
False and duplicate claims related to auto repair expenses are rampant. The Financial Supervisory Service noted that filing false or duplicate claims for repair costs is highly likely to be considered insurance fraud, urging insurance policyholders to remain vigilant and not to succumb to temptation.
According to the FSS on the 20th, the amount of false claims for auto insurance, including duplicate claims related to repair costs, was 208.7 billion won last year. It rose from 156 billion won in 2022 to 196.1 billion won in 2023, showing an increasing trend each year. In particular, the amount of exaggerated claims from repair shops that included false claims for glass coating, like Mr. A's, amounted to 8 billion won over the past year.
The FSS warned that if one is lured by recommendations from auto repair shops to file false or exaggerated claims for repairs on accident vehicles, they could become involved in insurance fraud. Auto insurance fraud is a violation of the...
New Delhi (Vishvas News): A video featuring a woman sitting on a whale during an aqua show is going viral on social media. In the next clip, the woman is seen in the whale’s mouth. Now some users ...