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Posts tagged "Social Media and Insurance Fraud"

All You Need to Know about Social Media and Insurance Fraud

Social media is quickly becoming an important tool in the fight against insurance fraud, and it is also helping save insurers from paying out on exaggerated or bogus claims. According to CBS News, an increasing number of insurers are relying on evidence taken from social media when investigating claims. Social media can help insurers defend against claims in a wide variety of situations, including in auto accident claims, personal injury claims, and property claims. In fact, social media could be key to helping both insurers avoid paying out on fraudulent claims and ensuring that premiums are kept low for consumers. This article provides the basics of the relationship between social media and insurance fraud.
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