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Source: www.economicalinsurance.com
Every time a car is stolen, a home is burglarized or someone makes a false claim, we all have to pay more than we should for insurance. Up to 15% of premiums for home, car and business insurance go towards paying for false or exaggerated claims. These claims are insurance fraud. Auto theft accounts for an additional $43 added to the average auto insurance premium. The good news is that you can help stop insurance crime by reporting it. To find out more or to report insurance crime, visit www.ibc.ca/tips.asp. |
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