December 20, 2022
Fleets May Face Growing Fraud Activity in Economic Downturn
AF Editor Mike Antich offers insights into the state of the fleet market in the 126th State of the Fleet Industry video, produced by Automotive Fleet.
🎙Today's topics include:
- Various indicators seem to point to a slowdown in the national economy in calendar-year 2023.
- One consequence to an economic slowdown is an increase in fraudulent staged crashes.
- The No. 1 type of insurance fraud committed against company vehicles, in terms of total dollar value, is fraudulent staged crashes.
- Examined are the four most common staged accidents and recommendations on what company drivers should do if they are the victim of a fraudulent accusation.
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⌚ Timestamps ⌚
2:00 Increase in Frequency of Fraudulent Activities
2:45 Uptick in Fraudulent Staged Crashes
4:00 Types of Staged Accidents
4:50 Swoop and Squat Staged Accident
5:45 Wave Staged Accident
6:17 Sideswipe Staged Accident
6:45 T-Bone Staged Accident
7:25 What Should Drivers Do If a Victim