Reasons to Hire a Private Investigator for Insurance Claims

Insurance FraudModern life requires precautionary planning, and most Americans prioritize their insurance coverage needs for their homes, vehicles, and businesses in the event of an accident or unexpected curveball. It’s no secret that insurance companies thrive financially on over-planning, and nearly 80% of drivers alone purchase comprehensive coverage on top of liability to prepare for any future surprises. U.S. car insurance companies make over $170 billion in annual payments to their customers. Add home and medical coverage to the mix, and insurance claims surveillance becomes an absolute necessity for most insurance companies. But why should you hire a Chicago private investigator to clear those claims?

A Chicago Private Investigator Can Get the Answers You Need Quickly

Insurance claims have a limited time window, and companies need pertinent information and evidence fast. Unfortunately, the victim or claimant isn’t always the best source of those facts, and the longer it takes to get the details, the foggier those facts can become. The right Chicago private investigator can thoroughly examine claims and expedite the process so it’s completed even within a tight deadline.

The Right Investigator Can Get Proof That Will Hold Up in Court

There is absolutely no room for hearsay or suspicions when it comes to deciding the verdict of an insurance claim. The presiding judge will only base their decision on evidence that’s legally viable. Rather than sift frantically through limited resources or demand extra overtime and miracles from your overworked staff, call in the pros. Our insurance claims surveillance measures will get proof that will hold up in court without wasting time, money, or causing extra headaches.

They Can Help You Put an End to Insurance Fraud

The FBI estimates all non-medical related insurance fraud to cost Americans $40 billion annually. Coalition Against Insurance Fraud estimates twice those costs. Medicare fraud costs $60 billion and property-casualty fraud accounts for $30 billion in payments annually. A lot of this money is awarded to habitual fraudsters or those who repeatedly report false claims. Overwhelmed courts may not catch the repeat offenders who often try to play the system like the lottery assuming that eventually, they’ll get their payday. Unfortunately, that just raises premiums for honest customers and causes solid businesses to go under. Call in the pros to flag the fraud claims and send a firm message that your company simply doesn’t allow that behavior.

They’re Properly Trained and Know What They’re Doing

When hiring a Chicago private investigator, you’re releasing the reins into their capable hands and trusting they’ll deliver the professionalism, experience, and evidence you need to either prove your client’s case or save your company’s neck. The right PI will be licensed throughout the state and fully trained to handle high-tech insurance claims surveillance needs to deliver results promptly and efficiently. The entire purpose of calling in the pros is to get the truth, so never trust anyone who verbally guarantees upfront that they’ll deliver the proof you want. But we will find the truth and that will definitely reduce fraudulent claims and extra headaches for your company.