A Claim Too Convenient
Mr. Arthur Benson (name changed for privacy) reported a burglary at his upscale home to his insurance company, "Premier Insurance." He claimed that a significant amount of jewelry, electronics, and artwork, valued at over $100,000, had been stolen. However, several aspects of the reported burglary raised red flags for Premier Insurance. There were no signs of forced entry, no witnesses to the alleged break-in, and Mr. Benson’s demeanor during the claims process seemed unusually calm and collected for someone who had just experienced such a significant loss. Premier Insurance hired Terrance Private Investigator & Associates to investigate the legitimacy of the burglary claim due to their inhouse investigator's sudden illness
Uncovering the Truth
Our investigation began with a thorough review of the police report filed by Mr. Benson, the insurance claim he submitted, and any communication between Mr. Benson and Premier Insurance. We conducted a detailed inventory of the allegedly stolen items, comparing the list provided by Mr. Benson to any previous insurance claims he had filed. This revealed some discrepancies and inconsistencies in his reporting over time. We analyzed Mr. Benson’s financial records, with his consent, looking for any signs of financial distress or recent large purchases. This revealed that Mr. Benson was deeply in debt, facing foreclosure on his home, and had recently increased his insurance coverage. We canvassed Mr. Benson’s neighborhood, interviewing his neighbors to see if anyone had witnessed any suspicious activity around the time of the alleged burglary. No one reported seeing or hearing anything unusual. We examined the security system at Mr. Benson’s home. While he claimed it was active during the burglary, the system’s logs showed it had been deactivated several hours prior to the reported break-in. A background check on Mr. Benson revealed a history of financial difficulties and a prior bankruptcy filing.
A Scheme Exposed
The evidence gathered through our investigation painted a clear picture: the burglary was staged. The lack of forced entry, the deactivated security system, the inconsistent reporting of stolen items, Mr. Benson’s financial troubles, and the absence of any witnesses all pointed towards a fraudulent claim. We compiled a comprehensive report for Premier Insurance, detailing our findings and providing all supporting documentation. Armed with this evidence, Premier Insurance denied Mr. Benson’s claim. Faced with the overwhelming evidence of his fraudulent activity, Mr. Benson did not contest the denial and eventually ceased communication with the insurance company. This case saved Premier Insurance from a substantial financial loss and demonstrated the value of professional investigation in uncovering insurance fraud. It also served as a deterrent, discouraging Mr. Benson from attempting similar schemes in the future.
Contact Terrance
Uncovering insurance fraud requires skill, experience, and a commitment to ethical conduct. At Terrance Private Investigator & Associates, we are dedicated to providing our clients with the highest quality investigative services, helping them protect themselves from fraud and ensure a fair and just outcome. If you suspect insurance fraud, contact us today for a confidential consultation.832-404-3400 | getanswers@terrancepi.com . | Terrancepi.com
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