California boasts the largest insurance market in the United States, bringing a substantial amount of insurance fraud with it. And due to recent natural and economic forces, insurance fraud has been on the rise, particularly in the areas of homeowner’s, fire, auto and property insurance. If you or someone you know is under investigation for insurance fraud, stop reading now, and contact an Insurance Fraud Defense Attorney at DRE Law who can consult with you on your next steps.
California Insurance Code Section 1871 broadly defines insurance fraud as offering false information to an insurance company for monetary or service reimbursement that you’re not entitled to. The California Department of Insurance (CDI) is charged with investigating and prosecuting insurance fraud. Factors like the amount of loss and the degree of false information determine whether the crime is filed as a misdemeanor or felony.