Fleets May Face Growing Fraud Activity in Economic Downturn

AF Editor Mike Antich offers insights into the state of the fleet market in the 126^th 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 ⌚

0:00 Intro

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