Auto Insurance Scams To Know And Avoid

Auto insurance fraud isn't something we think about often, but it's likely it could happen to you.   Auto insurance fraud incidents are believed to cost $20-30 billion nationally every year. This translates into $200-300 in additional insurance premiums each year for those affected. California, Florida, Texas, New York and Maryland are the top five states for fishy auto insurance scams, but you're at risk no matter where you live. In this episode, we discuss who conducts these scams, what the most common ones are and how you can avoid them.