Tips for Identifying Auto Insurance Scams



Similar documents
What to do After an Auto Accident

Understanding Critical Illness Insurance Health insurance that provides a lump-sum payment should you become seriously ill.

After an Auto Accident:

Insurance Shopping: Understand how auto insurance rates are set

Claims. Appeal Options. Independent reviews Small claims court Appraisals Rates Appeal Board

Consumer Federation of America s

AUTO INSURANCE CLAIMS & CLAIMANTS RIGHTS

Buying and Selling a Used Vehicle in Ontario

TITLE INSURANCE REPORT

A. Introduction. B. Legislation and Regulations

(Ontario) Use this Certificate for policies first issued or renewed between September 1, 2010 and August 31, 2011

Understanding the Claims Handling Process

Insuring. vehicle. your. A guide to the principles of motor vehicle insurance to help you choose the cover you need.

Home and Auto Insurance Program Just the facts for credit union members

A Guide to. Procedures in. Family Court

Instructions. Application Fees. Make all cheques and money orders payable to The Minister of Finance. Submitting Applications

A Consumer s Auto Insurance Guide

Benefits Guide BMO CashBack World Elite * MasterCard * Welcome.

Crashed your car? Information on claims for damage to your car, in and out of court

OFFICE OF THE PUBLIC GUARDIAN AND TRUSTEE POWERS OF ATTORNEY AND LIVING WILLS. Questions and Answers

Handling Your Own Property Damage Claim After An Auto Accident in Texas

How To Choose Your Auto Insurance In Ohio

Illinois Insurance Facts Illinois Department of Insurance Filing an Auto Claim with Your Own Insurance Company

motor vehicle motor vehicle insurance for privately owned non-commercial vehicles accident claim report

Auto Insurance? Why do I need automobile insurance? Questions piling up on. What does my auto policy cover? Here's help

Dear Valued Clients, Thank you for making your Insurance Dynamic! Kindest Regards, DYNAMIC INSURANCE BROKERS

THE GAPS IN YOUR CLIENT S COMMERCIAL TRANSPORTATION INSURANCE PORTFOLIO

(404)

Motor Vehicle Accident Patient Intake Form

What you. need to know. Auto Insurance. A consumer information publication

Consumer Information Guide to Funerals, Burials

AUTO/HOME/RENTERS INSURANCE

LOUISIANA DEPARTMENT OF INSURANCE. Consumer s Guide to. Auto. Auto Insurance. James J. Donelon, Commissioner of Insurance

JUST BEGINNING. Your financial life is. I m Buying a Car!

Accessibility for Ontarians with Disabilities Act

MOTOR VEHICLE ACCIDENT Claim Report

Motorcycle Insurance. Policy wording

ONTARIO TRIAL LAWYERS ASSOCIATION. OTLA s Response to the Anti-Fraud Task Force Status Update

IF YOU HAVE TO MAKE A CLAIM

CONSUMER BILL OF RIGHTS Personal Automobile Insurance

AUTO ACCIDENTS & PROPERTY DAMAGE CLAIMS

Automobile. Insurance. California Department of Insurance

VIATICAL SETTLEMENTS

CLAIMS WALK THROUGH. Note that this is a general indication and may differ from claim to claim. THE CLAIMS PROCESS. Truck is involved in an event.

Call on AAA with confidence. Have a question? Need a quote? Simply contact your nearest AAA Agent: Auto. Insurance

REIGNING IN AUTO INSURANCE RATES BY REGULATION By Ingrid Sapona

Vehicle Registration and Insurance. Vehicle Registration and Insurance

INSURANCE BASICS (DON T RISK IT)

Educational Guide to Automobile Insurance

New Cars Buying from a Licensed Dealer New Vehicle Warranty Florida s New Car Lemon Law

All about. auto. insurance

WHAT YOU NEED TO KNOW ABOUT YOUR CAR WRECK CASE PAGE 1

Our Personal Injury Guidebook

* the definition and nature of personal injury protection (PIP) benefits; * the difference between coordinated and uncoordinated policies; and

The Game of Life Purchasing Auto Insurance Updated:

Insurance. Understanding Insurance Basics

16 Steps to Getting a Fair Settlement for Your Injuries

How To Choose Your Lawyer. If You Can t Afford To Pay For Your Lawyer. How To Find A Lawyer

NAIC Consumer Shopping Tool for Auto Insurance

1. What s the difference between Limited Tort and Full Tort Auto Insurance Policies?

ABOUT YOUR VEHICLE DAMAGE CLAIM

1O SECRETS OF GEORGIA CAR WRECK CLAIMS

Can an automotive dealership void your warranty?

Our Personal Injury Guidebook

Motor Vehicle Insurance product disclosure statement and insurance policy

The Michigan Auto Insurance Report

Presentation to Los Angeles County Commission on Insurance Subcommittee on Fraud December 8, 2011 Automobile Insurance Fraud

insurance policy I m in the driver s seat!

Wayne Howell, PLLC A GUIDE TO ARIZONA AUTOMOBILE INSURANCE COVERAGE

QUESTIONS AND ANSWERS ABOUT ILLINOIS AUTOMOBILE INSURANCE AND ACCIDENTS

Information, Statistics and Tips from the Lawyers Insurance Fund

A GUIDE TO MOTOR INSURANCE

INSURANCE CODE TITLE 10. PROPERTY AND CASUALTY INSURANCE SUBTITLE C. AUTOMOBILE INSURANCE CHAPTER 1952

Coping With Debt. Federal Trade Commission ftc.gov

what to do in case of an auto accident

DAWES MOTOR INSURANCE MOTORCYCLE CLAIM FORM IMPORTANT NOTICES

FIS-PUB 0077 (6/13) Number of copies printed: 10,000 / Legal authorization to print: PA 145 of 1979 / Printed on recycled paper

Auto Insurance for New Mexico s Young Drivers

Diners Club Corporate Cards. Description of Insurance Cover Effective 1 February 2013

How To Get A Car From A Collision To A Tow Truck

Insurance module. Trainer s introduction. Learning objectives. After completing the module, learners will be able to:

Louisiana Department of Insurance James J. Donelon, Commissioner

Fraud. Baldomero Gonzalez. Our reputation for excellence is no accident. TM

Buying a Used Car. Before You Look For a Used Car, Consider

TEXAS AUTO SUPPLEMENT

Transcription:

Financial Services Commission of Ontario Tips for Identifying Auto Insurance Scams How Do the Scams Work? What Can You Do? Whom Do You Contact?

Scams relating to auto insurance can take many forms, but they all have one thing in common they cost everyone! All policyholders end up paying for inflated or improper payments associated with an insurance claim. That means you end up paying for someone else s greed! By being an informed consumer, you can help eliminate these scams and help lower auto insurance premiums. This brochure provides tips on how to avoid auto insurance scams, and help eliminate them too. It has been published by the Financial Services Commission of Ontario (FSCO), an arm s-length agency of the Ministry of Finance that regulates financial services sectors, including insurance. FSCO works to enhance public confidence in, and access to, a fair and efficient financial services industry in Ontario. How Do the Scams Work? A tow truck driver may be paid a referral fee by a paralegal to refer accident victims to that particular paralegal. This is illegal. A paralegal may be paid a referral fee by a health care provider to refer accident victims to that particular health care provider. This too is illegal. A tow truck driver may be paid a referral fee by a vehicle repair or body shop to have damaged vehicles towed there. These types of tow truck drivers are known in the industry as chasers. A tow truck driver may be breaking a municipal bylaw by recommending a repair shop without being asked. Many chasers are owned or controlled by vehicle repair shops. Insurance companies may choose not to do business with these shops. If the insurer does not deal with the shop to which your vehicle has been towed, your vehicle may need to be towed to another repair shop. But before that happens, you may be required to pay for the towing service, storage and

possibly other administrative fees. These fees can add up to hundreds or even thousands of dollars, and your insurer may not cover these fees. If you refuse to pay them, the vehicle repair shop can apply the Repair and Storage Liens Act and sell your vehicle to cover the fees. To recover these referral fees, paralegals, tow truck drivers, repair shops and health care providers may pad their bills. In the end, you and other policyholders end up paying. What Can You Do? Be informed. If you require the services of a tow truck driver, paralegal or health care provider, know your rights. Here are some tips: Tow Trucks Make sure the tow truck has a municipal licence number on its side before you use its services. Look to see if the tow truck is affiliated with a reputable company such as an automotive roadside assistance group or automobile association. Ask if the tow truck has a police contract. Listen for obvious clues. Does the driver recommend a particular repair facility without being asked? If he/she does, this might be an indication that a referral fee arrangement exists. In Toronto, making such a recommendation may be illegal under the Municipal Code, Chapter 545. Carefully read everything the tow truck driver asks you to sign. Ask that your vehicle be taken to a secure location where an adjuster or appraiser from your insurance company can have access to it. Some municipalities require that your vehicle be taken to a Collision Reporting Centre or police station before it goes anywhere else. Contact your insurance company, if possible, for information on towing and where to take your vehicle to be repaired. Consider having your vehicle towed to a preferred vehicle repair shop. Some insurance companies use preferred repair shops where they have an agreement that guarantees your vehicle will be repaired to the highest possible standards. For more information, contact your insurance company.

Paralegals The law requires that anyone who acts as an adviser, consultant or representative for no-fault auto accident benefits must meet certain requirements. The requirements include passing a criminal record check, possessing errors and omissions insurance and adhering to a code of conduct. The law applies to paralegals who advise another person about his or her rights to obtain accident benefits; assist in completing claim forms; discuss or negotiate with an insurer or adjuster; attend dispute resolution meetings at FSCO, Small Claims Court or private arbitration; or negotiate the settlement of no-fault accident benefits. Watch for red flags like special fees. Paralegals are not permitted to charge you a contingency fee (a percentage of any award that you may obtain). Observe the business relationship between the paralegal and health care provider. Paralegals must inform you of any potential conflicts of interest, including if they have an interest in the health care facility to which you have been referred. Ask your paralegal to show you proof he or she has errors and omissions insurance coverage. All paralegals are required to carry this coverage. Carefully read anything that the paralegal asks you to sign. Expect to be treated in a fair and courteous manner. Check to see whether a paralegal is authorized with FSCO to act as a paralegal in the auto insurance industry. You may do so through an easy-to-use online service that is available at: www.fsco.gov.on.ca. Health Care Providers Carefully review the itemized treatment plan before you sign it. Ensure you are receiving the treatments for which your insurance company is being billed. Check the rates. Your health care provider must bill your insurance company at the same rate for treatment they would reasonably charge you if you were paying for the treatment.

Whom Do You Contact? If you suspect fraudulent activity, please report it to your insurance company. For your convenience, a list of insurance company consumer complaint officers is available on FSCO s website or by calling FSCO. You can also contact the police. The Insurance Ombudsman Market Conduct Branch at FSCO will accept and review written complaints about the activities and conduct of paralegals or health care providers operating in the auto insurance industry. Contact FSCO if: You can find no indication that the paralegal has filed with FSCO. The paralegal is not adhering to the code of conduct, as published on FSCO s website. The paralegal has no errors and omissions insurance. You believe that the paralegal or health care provider has not disclosed a potential conflict of interest relating to your claim. The paralegal is charging a contingency fee. The paralegal or health care provider solicits or accepts payment of a referral fee. You have not received all of the treatment approved and paid for by your insurance company. You have a concern with the bills submitted to your insurer by your health care provider. Need More Information? For additional information, please call FSCO s Contact Centre at: (416) 250-7250, Toll-free: 1-800-668-0128. You can also obtain information by visiting: www.autoinsurance.gov.on.ca. By being an informed consumer, you can help eliminate these scams and help lower auto insurance premiums.

Financial Services Commission of Ontario 5160 Yonge Street, Box 85 Toronto, Ontario M2N 6L9 Telephone: (416) 250-7250 Toll-free: 1-800-668-0128 TTY (416) 590-7108, 1-800-387-0584 FSCO website: www.fsco.gov.on.ca Auto Insurance website: www.autoinsurance.gov.on.ca Ce feuillet de renseignement est également disponible en français Financial Services Commission of Ontario ISBN 0-7794-7522-4 Queen s Printer for Ontario, 2005.