When someone provides false information to an insurance company in order to gain something of value that he or she would not have received if the truth had been told‚ they’ve committed insurance fraud.
In Pennsylvania‚ this type of dishonest act is classified among the most serious of crimes – it’s considered a felony. Those convicted of the crime face prison time‚ fines‚ legal fees and more – not to mention a wide range of personal and professional consequences.
Despite the severity of this crime‚ a recent research study found that most Pennsylvanians don’t fully understand what insurance fraud is.1 Don’t let a lie wreck your life or that of someone you know. Learn more about insurance fraud. Know the risks. Know the penalties.