“Questionable” Auto Glass Claims Continue to Fall, NICB Reports
December 9, 2011
"Questionable" auto glass claims dropped 68 percent for first three quarters of the year, when compared with the same period of 2010, according to the latest report from the National Insurance Crime Bureau (NICB).
NICB, an insurer group, defines “questionable claims” as "claims that NICB member insurance companies refer to NICB for closer review and investigation based upon one or more indicators of possible fraud."
NICB officials say they received only 659 “questionable” auto glass claims in the first three quarters of 2011, compared with 2,036 received during the same timeframe last year.
Going back to 2009, NICB says only 332 “questionable” auto glass claims were received in its first three quarters—a 513 percent difference from the reported 2010 surge.
In total, “questionable” auto glass claims make up 2.5 percent of all “questionable” claims related to vehicle damage received by NICB in the first three quarters of the year.
Vehicle theft topped the rankings for “questionable” claims related to vehicles, making up 32.1 percent of the 26,598 total vehicle claims included in the report.
At the time of the last NICB report, “questionable” auto glass claims had fallen 67 percent for the first half of the year.
The NICB is supported by more than 1,100 property and casualty insurance companies and self-insured organizations.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
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