A significant number of Americans surveyed—35 percent—believe that it is alright to exaggerate insurance claims under certain circumstances, according to a recent Insurance Research Council (IRC) survey. These respondents agreed that it is acceptable to increase the amount of an insurance claim by a small amount to make up for a deductible. Nearly one in four respondents (24 percent) said that it is acceptable to increase the amount of a claim to make up for insurance premiums paid when no claims were made.
Was this article valuable?
Here are more articles you may enjoy.
Report: Auto Insurance Total Loss Frequency Climbs, More Drivers Pay Repairs
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
Viewpoint: Beware These Commercial Auto Endorsements! 


