
|
NERDS and your Insurance claim
Are Insurance companies the bogeymen we’re led to believe? Or should the general public accept a little responsibility for seemingly inflated premiums? It’s estimated that approximately $1.4 billion in fraudulent or inflated insurance claims are paid out in Australia each year, approximately 10% of all payouts. Interestingly, only 1% of all claims are refused. Who’s rorting who?
Guess what? Inflating or "padding" your insurance claim isn’t a victimless crime. The costs incurred due to insurance fraud are covered by honest policyholders, via higher premiums. The paper work, phone calls, and investigations sometimes experienced when making a claim is a direct result of the scale on which insurance fraud occurs.
Want your claim processed faster? NERDS can help.
Your Nerds records ensure you have the necessary information to provide accurate details of all property in and around your home or business. Your records assist in fast processing of claims, by providing brand names, model numbers, serial numbers, and descriptions of all items to be replaced.
Furthermore, your NERDS records indicate the date each item was added to your file, providing further proof that your claim has not been fraudulently inflated.
By providing your NERDS records, your insurance provider can accurately ascertain instantly the value and particulars of any and all destroyed or stolen items.
Whilst the risk of theft or destroyed property does impact the cost of insurance cover to the consumer, an inflated or fraudulent claim has an even more significant impact. To find out more regarding the effect insurance Fraud has on your premiums, visit.
Link Name?
Link Name?
|
|
|