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Home » Our Florida Insurance Blog | BB Insurance Marketing, Inc. of Fort Lauderdale FL » March is Fraud Prevention Month!

March is Fraud Prevention Month!

Monday, March 7, 2016
by dnicoletti

Category: Blog

Tags: Florida • Fraud • Insurance

From staged car accidents to employers who fail to provide workers’ compensation coverage for their employees to a faked water leak for an insurance payout, we’ve learned that fraudsters and scam artists will stop at nothing to line their pockets with others’ hard-earned money.

Fraud happens to all ages and income levels–it knows no boundaries. It can happen to you, and it’s already impacting your insurance premiums. When insurance companies are forced to pay out billions in losses caused by fraud each year, that money is recovered in the form of higher rates for everyone. In fact, the Coalition Against Insurance Fraud estimates that fraud costs each family about $950 annually.

Fraud prevention efforts are strengthened by the law enforcement partnerships lawmakers have forged and the dedicated prosecutors who work within State Attorney’s Offices across Florida. These partnerships extend to the fraud-fighting team. With thousands more on the lookout, we can continue tearing down the fraud rings that wish to cheat and steal from hard-working taxpayers.

March is Fraud Prevention Month, and it’s a great opportunity to share a simple message: if you see something, say something. Just call the toll-free Fraud Tip Hotline at 1-800-378-0445. Callers can choose to remain anonymous, and if they provide information that leads to a conviction, they may be eligible for a cash reward through an Anti-Fraud Reward Program.

BB Insurance Marketing is a full-service insurance agency located in South Florida that specializes in business, personal and benefits insurance. Childcare, gas stations, pest control and restaurants are just a few of the niche markets we work in. BBIMI’s insurance expertise extends all across the state, so we’ve got you covered with a quality policy you can depend on!

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