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Insurance Fraud

This is Robert Scirocco bringing you today's law bit.

There is a law called the Insurance Fraud Prevention Act. The law was recently the subject of a case in which a homeowner put in a claim for damage to a roof.

A tree fell on the roof and the homeowner claimed that the damage totalled some $70,000.

The insurance company contested the claim and the matter went to trial. The jury awarded the insurance company its investigative costs and counsel fees, which under this fraud law are then tripled - in this case making it a judgment of almost $200,000 against the homeowner.

You see, the next door neighbor whose tree fell on this guy's roof videotaped the homeowner and some of his buddies repeatedly slamming the tree into the roof to create a bigger hole... and thus enhance the insurance claim.

So, not only did the homeowner commit fraud, but did it is broad daylight... for all the world to see.

This is Robert Scirocco, attorney at law, Budd Lake, New Jersey brining you today's law bit..

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98 US Highway 46, Budd Lake, NJ 07828 (Village Green Annex), Phone: 973-691-1188 (Se Habla Español), Fax: 973-691-3353

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