Can You Be Charged With Insurance Fraud for Adding an Extra Item To Your Fire Or Theft Claim ?
May 20, 2022
Yes, this is commonly referred to as opportunistic fraud or inflating a claim. Any recovery that is accomplished through misrepresentation is considered insurance fraud whether it involves one dollar to one million dollars.
In the context of insurance fraud in New Jersey, “material” means the fact or omission was influential in the insurance company’s decision to grant you a particular policy or benefit. If a false statement is made that does not influence the insurance company in this way, it is not
