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  Vermont Lawyer Vermont INSURANCE FRAUD

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Have you been a victim of Insurance Fraud or charged with Insurance Fraud in Vermont?  Have your rights in Vermont been violated? Have you been falsely accused?

Contact Us immediately for a FREE case evaluation and answers to your questions  Find out if  you have a case in Vermont and what to do if you do.

Vermont Insurance Fraud:

  • A deception deliberately practiced in order to secure unfair or unlawful gain.
  • A piece of trickery; a trick.
  • One that defrauds; a cheat.
  • One who assumes a false pose; an impostor.

Insurance Fraud is a felony punishable by up to five years in state prison and a $50,000 fine.

Did You Know?
Insurance fraud is among the most costly white collar crimes in America. According to a 2000 study by Hartford, Conn.-based Conning & Co., insurance fraud costs the American public $96 billion dollars annually in increased premiums.

And that tab includes only the direct cost of insurance, not the consequential higher prices for consumer goods and services. A report by the Association of Certified Fraud Examiners in 1996 estimated that such consequential costs could range as high as $530 billion.

Source: AAA

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