How Can Insurance Fraud Investigator Dallas Help You?

You might be aware of the truth that insurance fraud is a million dollar problem these days. According to Federal Bureau of Investigation, the approximated loss for life and casualty insurers is $50 billion dollars a year in United States. And, the cost to health insurers can be as high as $269 billion. This is precisely the reason why, small, medium and large companies found themselves on high risk of loss. However, in order to meet the cost factors of small and large companies, these companies significantly need to trim their bottom lines. 

For trimming the bottom lines, a private investigator who is expert in insurance fraud investigation can help. An insurance fraud investigator Dallas can help insurers know and keep what’s theirs, so that they would become capable enough to do what’s right for the individuals who do have legitimate claims. 

Read here top reasons to hire insurance fraud investigator in Dallas -

1. Stolen Four Wheeler -  

The insurer will usually not tell you they suspect you of insurance fraud that is involved in car stealing. Instead you will often be told that your claim is being investigated. When insurance fraud investigator is hired, he/she helps you to get the right insurance claim. 
 2. Health Insurance Billing -

Health insurance fraud often takes years and millions of dollars in false claims to confirm. Medical professionals, who are often seen as pillars in the community, betray that community’s trust.

3. Organized Crime -

The National Insurance Crime Bureau reports that insurance fraud is big business for organized crime groups who have the resources, the people and the know-how to pull off large scale insurance schemes.

4. Road Accidents -

The numbers that individuals will go to stage accidents is likely to amaze you. These crimes are often sophisticated, making them typical to prove. Sentences for this sort of fraud has been periodically rock-bottom, as little as any community service, which makes it a actually low-risk crime.    

Investigative Resources of Texas is the trusted name for affordable investigations Dallas. The firm is well known for offering investigation services such as child abuse, data recovery, insurance fraud, surveillance, computer vulnerability, financial fraud, corporate fraud, infidelity etc. Since 1993, they are experts in surveillance for their potential clients. 

Call now and get proper insurance investigation in Dallas and many more.

Investigative Resources of Texas
PO BOX 181897
Dallas Texas 75218
214-662-1006 (Dallas)
817 -773-1385 (Fort Worth)
832-260-8389 (Houston)
903-941-1406 (North East TX)
512-636-0242 (Austin)
210-381-0587 (San Antonio)
Fax: 214 – 471 – 1017
Attn: Dave Cohen 

 

Benefits of Hiring a Private Investigator Dallas

Private investigators, or detectives, assist the public, businesses and lawyers in obtaining information, determining the location of a particular person or investigating crimes and various types of fraud.

There are many reasons why people decide to hire a private investigator, from tracking a suspected dishonest employee to finding out if a partner is being unfaithful. You might be tempted to go it alone and undertake your own investigations but having a affordable investigation Dallas working your case comes with more than a few benefits.

Work Independently

Although some cases involve multiple investigators, most consist of an investigator working alone. This is particularly appealing to those who want to stay away from a strict work environment with supervisors watching their every move

Technology Savvy

Private investigators have the advantage of staying up-to-date with advancements in technology. Some make use of technical gadgets to obtain information secretly. Others must stay current with new computer processes or Internet systems, such as the introduction of Facebook, Twitter and other social networks.

Background Checks

Private investigators follow tried and tested processes and where necessary that will include conducting a thorough background check. They’re likely to have access to more information than you, as well as the know how of where to look to really understand the person at the centre of the investigation. 

Understand Legal Procedures 

Evidence alone isn’t enough. You’ll also need to make sure that you comply with legal process, otherwise your case could fail despite evidence. Having worked in the industry, a PI should understand and be able to advise you on how to deliver the results you want.       

Do you want to hire an experienced private investigators Dallas,Texas? Whether it is a case of missing person, child abuse, insurance fraud, corporate fraud, infidelity or financial fraud, contact Investigative Resources of Texas. Call 214-662-1006 in Dallas to discuss your case today.

What can a private investigator do and a citizen can’t?

There is a lot that an insurance fraud investigator Dallas can do, and a citizen just can’t. This is a fact mostly because of the legality of actions. However, it is also because of the difference in the skill set and knowledge of an investigator and a citizen. Therefore, it sums up to be a great amount of actions that can be taken by an investigator and aren’t possible to be taken by a citizen. 

Have a look at the following for a better understanding:

1. Operating with the law- although some insurance fraud investigator Dallas might have a background in law enforcement, it’s quite possible that they would have to operate with the law. When this is the case for a citizen, he/she cannot get involved the way a private investigator can.  

2. Access to certain informational searches- While a private investigator offers affordable investigations Dallas he has access to such information that is not available to the general public. Therefore, the case is better solved by a PI.  

Investigative Resources of Texas is a highly experienced company and can offer you immensely affordable investigations Dallas. The company has been handling investigation based cases for a long time, and hence is one of the best when it comes to being an insurance fraud investigator Dallas. 

Their address is as follows:

1400 Hi Line Drive

Suite 1811

Dallas Texas 75207

Phone:

817 -773-1385  (Fort Worth)

832-260-8389 (Houston)

214-662-1006 (Dallas)

903-941-1406(North East TX)

512-636-0242(Austin)

210-381-0587(San Antonio)

5 Things You Need to Know about Insurance Fraud Investigation

Insurance Fraud

Insurance fraud investigations are an important part of any insurance company’s risk management strategy. Fraudulent claims hurt both the finances of the insurance industry, as well as the general public by raising premiums. In extreme cases, insurance fraud can directly affect the lives of those involved through unnecessary (and dangerous) medical procedures, and staged (but still deadly) automobile crashes. Insurance fraud investigators can sort out truth from fiction, saving both unwitting consumers and the insurance industry millions of dollars.

Here's 5 things you need to know about insurance fraud investigation tactics, methods, and trends:

1. Insurance Fraud is Common

Fraud is more common than people think. This is in part because when people think of insurance fraud, they think of “hard” insurance fraud, which actually represents the minority of cases. Burning down a building or crashing a car on-purpose is what’s called hard insurance fraud because the source of the claim was entirely manufactured. On the other hand, soft insurance fraud is far more common because it consists of simply inflating the value of a legitimate claim. This type of fraud takes up the majority of an insurance fraud investigators’ time.

2. Data Analysis Can Flag Cases - but it Can't Prove Fraud

While statistical analysis and machine learning might be making the job of flagging potential fraudulent claims easier for medical, automotive, and general insurers, but the job of actually investigating insurance fraud still falls to specialized professionals like private investigators. When a potentially fraudulent claim comes across an insurance investigator’s desk they have a variety of tactics they can employ, from old school stakeouts to advanced web research to gather evidence to justify denying a claim, or even bringing legal action against a claimaint.

3. Surveillance are Still Important Ways of Catching People

Why is surveillance so important? Surveillance can make sure someone's claims are backed up by their behavior. If someone is claiming an injury, then their activities and lifestyle should be consistent with that. When it’s not, you most likely have a case of fraud - and surveillance can provide compelling evidence of that.

4. Social Media Can be Used to Catch Fraudsters More Often Than You Think

private investigators are skilled at tracking down all social media accounts associated with an individual, and collecting usable evidence from them. Even when someone is attempting to hide activities or evidence of fraud, slip ups can still be found with careful analysis. For instance, friends or family could post photos of them they aren’t aware of, or the location metadata from a photo might provide evidence of travel that’s inconsistent with their claim.

5. Background Research Can Point Investigators in the Right Direction

Information from background research may not provide absolute proof of fraud, but it almost always   gives grounds for placing a claim under even greater scrutiny. Armed with this data, an insurance investigator can act decisively to determine whether a claim has merit.

Investigative Resources of Texas

If you have time on your hands and need a few laughs, give us a call or meet us for a cup of coffee so we can share classic stories of insurance fraud in Dallas that we’ve handled over the past 20 years. We’ll tell you about the dude who claimed he couldn’t walk without a back brace after a bad fall, yet mixed, poured and smoothed the concrete for the foundation of his home.

Contact Us

1400 Hi Line Drive
Suite 1811
Dallas Texas 75207

214-662-1006 (Dallas)
817 -773-1385  (Fort Worth)
832-260-8389 (Houston)