Not everyone who files a claim has a legitimate reason to. Sadly, there are people out there trying to get money for nothing. They know there is a good chance a settlement offer will be provided. They can get the money and use it for anything they want. Before you agree to pay any such claim, it is worth looking closely at it.
Thanks to fraud investigation services, there are answers. They are discreet and they are able to collect information legally that can be used to prove or disprove a given claim. Such methods are being used more often to help fight claims that never should have been filed in the first place.
Fraud is on the Rise
Experts believe fraud is on the rise when it comes to claims. Too often, a business owner doesn't want to see the information get out on social media or in the public about the concern. As a result, they hurry to pay it so the situation ends. However, this can increase their insurance premiums. It also continues to entice such individuals to take advantage and that isn't good.
There are fraud investigation services out there stating at least 40% of the claims they have looked into aren't valid. They are either complete fraud or the injuries that a person is claiming to have are embellished. The result is providing proof to get the claimed dropped or the amount of the claim significantly reduced.
Less Time Involved
Most employers aren't striving to find loopholes not to pay for valid claims. However, they are putting their foot down when it comes to those that aren't true. The entire process can drag out for a long time when the parties involved can't come to an agreement. The situation may end up in court which costs time and money for legal fees.
With the help of fraud investigation services, the entire outcome takes far less time. The investigator will engage in a variety of techniques and methods in order to obtain their desired information. What they will do and how they will gather surveillance often depends on the type of crime.
They often strive to get information on film, either as a video or in pictures, because those hold a great deal of credibility. Often, when they are shown such evidence that objects to their claim, they will withdraw it. They don't want to go through the legal system and have that information shown in court.
When a claim is validated, the fraud investigation services are going to give proof beyond a doubt that there are concerns and the individual does have a good claim. The next step then is to agree to a settlement that both parties are happy with. It will end the process in less time and avoid getting the courts involved with deciding the outcome.
Savings and Integrity
When there is evidence through fraud investigation services to discredit a claim, you have saved money. It is going to cost far less to pay for the professional services than it is to pay out on a fraud that was filed. If you do need to pay a claim because it has been validated, you will know it is the right thing to do.
These types of services help to reduce the number of people trying to take advantage of you or a business you own. It can help you to maintain your integrity. There are plenty of excellent providers out there with fraud investigation services. They are able to get you results that can help you to make good decisions. Such professionals are also a deterrent for false claims.