Preventing Fraudulent Home and Landlord Insurance Claims

In order to keep Home & Landlords Insurance Premiums realistic and affordable, it’s essential that Insurance Providers design stringent checks and claims procedures to prevent fraudulent Home and Landlords Insurance Claims.
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* Insurance
* Fraud
* Landlords
* Home Insurance
* Claims

* Landlords/Home Insurance

* Rushden - Northamptonshire - England

* Reports

Feb. 2, 2012 - PRLog -- According to the latest figures from Legal & General -In 2010, the Home and Landlords Insurance industry detected around 2,500 dishonest claims each week, still people are getting dishonest claims through the system and undetected fraud is estimated to cost the industry £2 billion a year. This is costing each home/landlord insurance policy holder an additional £44 on their annual household/landlords insurance bills - so fraud is not a victimless crime.

Honest customers shouldn't pay more than necessary for their Home or Landlords Insurance because of the greed of fraudsters. That's why we're determined to ensure that genuine claims are paid promptly and fraudulent claims are reduced.
Although the scale of undetected insurance fraud is huge, the industry is working hard to stamp it out.  

Hayley Connolly of Home Shield Insurance says “We support all of the Insurance Providers on our panel with their efforts to fight back against the Insurance fraudsters.  Whilst we don’t handle the claims personally we do ensure our clients who are making genuine claims, that they have our full support and guidance to ensure that their claims are handled swiftly and effectively, freeing up the Insurance Provider to focus on sifting out fraudulent claims and taking the appropriate action. “When our clients inform us of a genuine claim they are usually speaking to their designated advisor so there is already a reassuring, professional relationship already established.  As we have positive relations within each Insurance Providers Claims Office, we can support each client with their claims from start to finish to ensure a swift and fair outcome for everyone”.

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Home Shield Insurance are an independent UK based Insurance broker specialising in Landlords Insurance, Home Insurance, Life Insurance, Mortgage Payment Protection and Business Protection. We offer a Dedicated Adviser service to all of our clients and are proud to be unique.
Source:Home Shield Insurance Services Ltd
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Page Updated Last on: Feb 03, 2012
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