The Insurance Center of Central Florida Inc. Blog

Fraud cost money

7/23/2010 1:48:24 PM
Why care if your neighbor is scheming?

Insurance fraud is big business in the United States. Excluding health care fraud, insurance fraud exceeds $40 billion a year, according to FBI statistics. You pay that price in the form of higher insurance premiums, which cost the average family $400 to $700 annually.

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