Reporting a False Claim

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I may have lost my ring, but, I want to report it to my personal carrier for reimbursement. Would this be a False Claim?

Reporting a False Claim

Reporting a false claim is against the law. You can be fined and jailed for it. It is called insurance fraud. As it costs everyone millions of dollars of annual premiums, insurance companies, authorities, and special investigation units have created networks and other systems to identify possible insurance fraud. Reporting a false or suspicious claim is not worth any monetary settlement you may receive. The consequence of being caught far outweigh any compensation.

   

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