Newburgh Office: 812-490-9980
             Boonville Office: 812-897-1752

info@cigcares.com

How to protect yourself from fraud

consumer-tips-protect-fraud-ceiling-contractor
Check references before signing a contract.

They say lightning doesn’t strike the same place twice, but disaster can if you fall victim to unscrupulous contractors.

The National Insurance Crime Bureau reports that insurance fraud accounts for about 10 percent of all property casualty claims. While the majority of contractors are trustworthy, some take advantage of vulnerable policyholders, and the added expense can result in higher insurance costs for all consumers.

Protect yourself from scams by considering these tips on what to do when someone offers services:

      • Get more than one estimate. Do not feel obligated to sign a contract right away.
      • Get everything in writing, including cost, work to be done, time schedule, guarantees, payment schedule and other expectations.
      • Request references and check them out.
      • Ask to see the contractor’s driver’s license, and write down the license number. Also take down the vehicle plate number.
      • Never sign a contract containing blank spots. Unacceptable terms could be entered later.
      • Pay a contractor in full or sign a completion certificate ONLY after work is satisfactorily completed.

While your instincts may be to rush through the process of finding the help to restore your property, taking the time to find the right contractor can save time, money and additional frustration in the long run.

To report suspicious activity, contact your insurance agent or carrier or the National Insurance Crime Bureau:

      • Text FRAUD and your tip to TIP411 (847411)
      • Call 1-800-TEL-NICB (1-800-835-6422)
      • Submit a form on www.nicb.org
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Commerce Insurance Group Locations
Home Customer Service Business Report a Claim Our Carriers Contact Us Blog RSS Feed Insurance Website Builder Personal Twitter CIG Blog RSS Feed Facebook Commerce Twitter