The Cost of Fraud


Their Lies Come Out of Your Wallet
When someone tries to make money from insurance transactions by filing false claims, lying about damage or loss of property, or even staging an accident, that’s fraud.
These schemes come with a cost, and everyone in Virginia ends up paying it. Fraud causes insurance premiums and the price of goods and services to go up, costing the average Virginia family $1,000 per year.


The Types of Fraud
There are three common types of insurance fraud to look out for:
- Property Fraud
- Casualty Fraud
- Workers’ Compensation Fraud


Report Fraud
If you suspect insurance fraud, submit a confidential tip to the Virginia State Police. Tips leading to convictions are eligible for rewards of up to $25,000. Help us prevent fraud so you can stop paying for a crime you didn’t commit.