Insurance company inflating repair costs
Discussion
I can't say I'm the slightest bit surprised by this:
http://www.myfinances.co.uk/insurance/2011/09/17/j...
Insurance company has a car repaired. It then passes the invoice onto its subsidiary, who adds arbitrary and made up costs onto it, who then pass it on to the at fault party's insurance company to pay.
The insurance companies go on about how personal injury claims are bumping up insurance costs, but while they are involved in this kind of blatant fraud it's hard to take what they say at face value. I wonder if this is common practice across the industry.
http://www.myfinances.co.uk/insurance/2011/09/17/j...
Insurance company has a car repaired. It then passes the invoice onto its subsidiary, who adds arbitrary and made up costs onto it, who then pass it on to the at fault party's insurance company to pay.
The insurance companies go on about how personal injury claims are bumping up insurance costs, but while they are involved in this kind of blatant fraud it's hard to take what they say at face value. I wonder if this is common practice across the industry.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff