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7/16/2020 Bates no 307 What is the sentence for insurance fraud in 2020? I Get the facts now I Evernote Web
Insurance fraud has now taken a tum into the realms of organised crime with one recent
case being part of a £3.2m ring involving 150 people in Merseyside. It's a crime that is
becoming increasingly more sophisticated.

This is a crime that comes in many different shapes and sizes. Providing inaccurate
infonnation on insurance policy documents, failing to report basic changes of

circumstances such as your home address, making exaggerated claims or entirely false
claims can all qualify as being part of the offence of insurance fraud.

To help you to understand what the outcome might be as a result of being convicted of

insurance fraud, we've detailed the sentencing guidelines below. Please note that a
competent and experienced solicitor may be able to get any prison sentence reduced or
even avoid it entirely.

More about insurance fraud

Estimated to cost the industry nearly £1 billion per year, increasing emphasis is being
placed on thorough investigation of information disclosed on policy documents and the

legitimacy of claims made.

It's important to take the legal guidance of insurance fraud solicitors as soon as you hear
that you are going to be investigated. We are also known as specialists in cash for crash.

Insurance fraud is sentenced under the same guidelines as fraud. If the crime involves
more than one person, then it could be a conspiracy to defraud.

Fraudsters creating the most sophisticated scams that involve ever-increasing money and
people have led the courts to take a harsher approach when it comes to sentencing those
who are found to be guilty of insurance fraud. Those who are found guilty of taking part
in a criminal ring will generally receive a stiffer penalty.

With as many as 125,000 dishonest insurance claims a year (according to ABI in 2016),
the value of which was estimated to be £ 1.3 billion; these fraudulent insurance claims
cost the UK economy as much as £2 billion each year.

Read more about the offence of Insurance Fraud

Have you been charged or arrested for

Insurance Fraud?

If you or somebody you care about has been charged or arrested in connection to an
insurance fraud case, you're most likely feeling very worried.

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