FRAUD LURES 10% OF CONSUMERS

Progressive Insurance recently conducted a telephone survey on more than 31,000 Americans, asking respondents how likely they would be to commit insurance fraud and other indiscretions if they knew they would not be caught, and whether they would report someone they knew who had committed fraud. The results indicate that while most respondents are honest, a relatively small percentage are willing to cheat and commit these crimes. According to the survey: 9 percent of all respondents said they would commit insurance fraud if they knew they would not be caught; and 29 percent of respondents said they would never report insurance fraud committed by someone they knew. Respondents were four times more likely to say they would report someone if there was a monetary reward of up to $500 than if there was a reward of only $250. Six percent of respondents would report fraud only if they didn’t like the person who committed it.

Topics Fraud