South Carolina Insurance Fraud Lawyers

As the safety net when things go wrong, insurance companies play an important role in society. Car insurance, home insurance, and health insurance help protect you when accidents, disasters, and emergencies occur. Private companies that provide a variety of services and levels of coverage control insurance. These companies operate under an “implied covenant of good faith and fair dealing,” which indicates that insurance providers are obligated to uphold their client’s contracts and fulfill their duties as a service provider. Many insurers uphold their obligation to their clients and provide the intended services, but when insurers are involved in fraudulent dealings, the financial impact on their clients can be devastating.

Insurance fraud is an unfortunately common experience, with nearly $80 billion lost to fraud each year. Fighting against an insurance company that has wronged you is a daunting task that may feel impossible to win. However, you do not have to fight for your money alone. The South Carolina insurance fraud lawyers at Evans Moore, LLC have experience confronting fraudulent insurance companies and protecting the rights of policyholders.

Types of Insurance Fraud

Insurance fraud is the deliberate deception of a client by an insurance company in order for the provider to acquire additional monetary gain. Insurance fraud falls under two different categories: hard fraud and soft fraud. Hard fraud refers to an attempt to acquire money illegally from a client through a predetermined plan or scheme. Soft fraud, on the other hand, refers to the illegal gain of money through circumstantial opportunity. Soft fraud is no less deliberate than hard fraud, but merely less-calculated to a degree. Below are a few of the types of fraud an insurance company may commit.

  • Fake or non-credible insurance companies
  • Evading state insurance regulations
  • Inflating insurance prices
  • Charging unnecessary fees
  • Denying legal claims
  • Collecting premiums without applying them to the client’s account

Insurance fraud may be committed by the insurance company as a whole or by individual agents who have access to personal and financial information. Fraudulent activities can be disastrous, causing significant financial loss and hardship. Those responsible for such dishonest practices must be held responsible for the harm they have caused.

Contact a South Carolina Insurance Fraud Lawyer

If you or a loved one has been impacted by insurance fraud, you have the right to fight back against the company who has wronged you. You should not have to suffer due to someone else’s illegal actions. The insurance fraud attorneys Scott C. Evans and James B. Moore III at Evans Moore, LLC understand the complexities of insurance and are prepared to help you make a solid case. To discuss the particulars of your situation, contact them at (843) 995-5000 today.