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What is the potential penalty for auto insurance fraud and can it include jail?
Wiki User
∙ 13y ago
Penalties for crimes are specified by State statutes. Therefore, each State has it own menu of penalties for various crimes, including auto insurance fraud.
In theory, jail may be a potential penalty, depending upon the severity of the offense. Typically, degrees of severity are also outlined by statute. In some states jail may be mandatory for certain degrees of auto insurance fraud, leaving no discretion to the judge in imposing a penalty. In other states, the judge is given much broader discretion in fashioning a remedy.
Wiki User
∙ 13y ago
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What is the penalty for 18000 property insurance fraud in va?
You will go to jail Martin.
Can you get insurance after your car is stolen and it be covered?
If you try to get theft insurance after the car is stolen you will go to Jail! The insurance companies have no sense of humour about FRAUD! Penalty for Insurance Fraud in the U.S. is up to 20 years in prison.
What are the fines if you get caught insuring a car for a illegal alien?
Penalty for Insurance FraudFine? Perhaps you meant to ask what is the Penalty for Insurance "Fraud"? Most US states hand out terms of up to 20 years in Prison for insurance fraud. It is a Felony. Should the fraud have cost the Insurance Company or some other driver to suffer a financial loss, Then you as the Defrauder would also be financially liable to those parties.Basically the Illegal alien friend if not named on the policy as an Insured driver is "Un-insured" regardless of immigrant status. An Insurance Company does not have to pay a claim or loss that is the result of fraud.
What chance of your car catching on fire?
It's extremely rare and a huge red flag indicator of potential insurance fraud to an insurance company.
Insurance fraud is the worst type of fraud you can commit. ?
Insurance fraud is the worst type of fraud you can commit.
Is there a penalty for misrepresenting dog breed to insurance company?
There is a penalty for misrepresenting information requested on an application for insurance. When you sign the application you are certifying that the information you provided is true. If the company determines that you lied, it won't pay the damages and may prosecute you for fraud. The fine can be expensive.
Can you take motor claim simultaneously on two insurance policies?
It is unlawful to receive double indemnity. AKA "Felony Insurance Fraud". Penalty in most U.S. states is 20 years in prison for each offense.
What is penalty for using family insurance for a family member who doesnt live in your household but you lie and say they are living there?
This is fraud, which will certainly get your claim denied and could land you in jail.
What is the penalty for check fraud?
You must pay a fine.
Criminal penalty in Montana for check fraud?
Jail
Is Auto insurance fraud a misdemeanor?
Any type of insurance fraud is generally going to be considered a felony.
What is the penalty for car rental fraud?
Grand Theft AutoThe penalty is usually about 5 years in Prison.
