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)

Hire Private Investigator Or Investigation Company in Dallas, Texas

 

Real advice To Hire Private Investigator

Make sure they have a license! The vast majority of states require that anyone engaging the practice of investigations be licensed. A Private investigator should be able to produce a copy of such a license immediately for you.
There are many companies offering services on the internet which do not qualify as “investigations” but really should be. These companies are completely unregulated and most of these companies are “information brokers” who have access to databases of public records, like telephone numbers, address directories, voters registration filings, etc

 

Why Do You Need a Private Investigator?

Private eyes are fascinating characters in detective fiction. Private investigator in Dallas don’t have the advanced support that their fictional police counterparts have, but they rely on a mix of charm, smarts, and a bit of luck to solve a tough case. There are several reasons why law firms, businesses and individuals aim to hire the cheapest private investigator possible. It makes perfect sense.
Investigative Resources of Texas is the best private investigator agency for your each and every investigation need and we aim only provides good services of their organization and tries to give fully satisfaction of client.

Contact Us

Investigative Resources of Texas 

1400 Hi Line Drive
Suite 1811
Dallas Texas 75207

Phone:
214-662-1006 (Dallas)
817 -773-1385  (Fort Worth)
832-260-8389 (Houston)
Fax: 214 – 471 – 1017
Attn: Dave Cohen

The Best Private Investigations Company In Texas

You Are Visiting The Best Private Investigations Company In Texas

We Take Your Doubts Seriously 

You don’t buy shoes in the wrong size. You don’t send your kids to a mediocre school when there’s a great one in the area. And you sure don’t refer your loyal customers to your competitors.

My point? Pick the wrong investigative firm because you think one size fits all—or because it’s in the neighborhood or the price is right—and you could make a huge, costly mistake that’s equal to ill-fitting shoes and ignoring customers.

    The Size Of Your Problem Doesn't Matter

Welcome to Investigative Resources of Texas, the hometown team serving the Lone Star State exclusively for over two decades. It was only after we became a “tried and true” brand that we branched out to other locations because we wanted to be sure we wouldn’t compromise on our existing clients by over-extending ourselves.  

                                        
                                    
    Why the reassurances? 

My firm, Investigative Resources of Texas, is a  private investigations company in Texas and has been a pioneer in surveillance investigations since 1993. We know our way around federal and state laws and statutes. Because I put my name on my business site and oversee every  investigation personally, I’d like to introduce my services to you by offering you an IRT’s  20th Anniversary celebration gift.                                                      Services As  a successful private investigator in East Texas we offer the following services: Bugging Devices / Wire Taps Child Abuse Child Support Computer Vulnerability Corporate Fraud Data Recovery – Computer Forensics DNA – Forensic Financial Fraud Infidelity      Straight from the CEO I urge you to read more about our capabilities, services and the credentials and clients we’re proud to name by browsing the menus on this website to see which of our solutions might best be suited to your needs.  I invite your most sensitive questions.We have helped thousands of people. We’ve returned children to their parents, handed money back to defrauded insurance companies and  delivered peace of mind to too many people to  name here!      Your Investigations Professional,   David Cohen

Affordable Private Investigations Dallas

Welcome to Investigative Resources of Texas, the hometown team serving the Lone Star State exclusively for over two decades. It was only after we became a “tried and true” brand that we branched out to other locations because we wanted to be sure we wouldn’t compromise on our existing clients by over-extending ourselves.

My firm, Investigative Resources of Texas, has been a pioneer in surveillance investigations since 1993. We know our way around federal and state laws and statutes and we pride ourselves on leaving “nickeling and diming” to folks short on experience and expertise—you know, the folks who rely on price breaks to make up for their inexperience.

Investigation Services

A renowned private investigator in Texas, Investigative Resources of Texas offer a wide range of investigative services including background checks, risk assessment, investigations for infidelity, corporate frauds, financial frauds, child support, child abuse and more.

  Child Abuse

  Are you planning to hire a private investigator who child support investigation services in East Texas?

  Get in touch with Investigative Resources of Texas.

  Child Support

  Are you troubled by your child support situation?Give IRT the opportunity to help you get what
  you deserve: peace of mind.

  Financial Fraud

  If you, your business or your personal life has been impacted by financial fraud or theft,
  Hire Investigative Resources of Texas.

  Insurance Fraud

  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 that we’ve handled over the past 20+ years.

See More Services

   

Infidelity Investigation Services

Whether you are the husband or wife, boyfriend or girlfriend, you deserve to know if your partner is cheating or not . Investigative Resources of Texas can help you get that proof and peace of mind you need to move forward with your life.

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Contact Private Investigator in Dallas | Investigative Resources of Texas

Welcome to Investigative Resources of Texas, the hometown team serving the Lone Star State exclusively for over two decades. It was only after we became a “tried and true” brand that we branched out to other locations because we wanted to be sure we wouldn’t compromise on our existing clients by over-extending ourselves.

You get what you pay for.. Nothing further needs to be said about the statement!
- David Cohen
 

Services We Offer -

          *  Bugging Devices / Wire Taps                                      *  Child Support
          *  Computer Vulnerability                                              *  Corporate Fraud
          *  Data Recovery – Computer Forensics                         *  DNA – Forensic
          *  Financial Fraud                                                          *  Infidelity
          *  Insurance Fraud                                                         *  International
          *  ORM Services – Online Reputation Management       *  SIU
          *  Surveillance                                                               *  Water Based

-> Make sure they have a license! The vast majority of states require that anyone engaging the practice of investigations be licensed. A Private investigator should be able to produce a copy of such a license immediately for you.

Note: There are many companies offering services on the internet which do not qualify as “investigations” but really should be. These companies are completely unregulated and most of these companies are “information brokers” who have access to databases of public records, like telephone numbers, address directories, voters registration filings, etc.

These unregulated companies offer “background checks” that are nothing more than database searches of old public records. That may be enough to get you what you need, (and if it is you can get the same information from a Licensed Private Investigation Company such as Investigative Resources), but if you need to be sure that the information is accurate, contact a Licensed Private Investigator. Please be sure that you understand who and what you are dealing with and what they are going to give you, before you hire anyone working in this sector.

At Investigative Resources of Texas, we carry two million dollars in liability coverage to protect our clients. It should be no problem for a reputable investigator to present a certificate of insurance coverage for you to review and verify.
 

Common Problems that Require Hiring a Private Investigator in Dallas

There are numerous reasons for hiring a private investigator in Dallas, ranging from background checks, risk assessment, investigations for infidelity, corporate frauds, financial frauds, child support, child abuse and more in Dallas.

Investigative agencies are comprised of individuals with various levels of expertise; many have conducted some high profile investigations, and each investigation requires an expert with different talents.

Common Problems Why You Need to Hire a Private Investigator:

• Bugging Devices / Wire Taps
• Child Abuse
• Child Support
• Computer Vulnerability
• Corporate Fraud
• Data Recovery – Computer Forensics
• DNA – Forensic
• Financial Fraud
• Infidelity
• Insurance Fraud
• International
• ORM Services – Online Reputation Management
• SIU
• Surveillance
• Water Based

If you, your business or your personal life has been impacted by one of the above mentioned situation in Dallas, you should hire Investigative Resources of Texas. Investigative Resources of Texas has an expert team of result oriented private investigators staff to provide personalized, efficient service in East Texas, Dallas & Houston. They analyze your situation and come up with a plan to help solve your problem.

Beneficial Information about Infidelity Private Investigator

Infidelity Private Investigators are more likely to be hired as a means to expose an extramarital affair than for any other reason.  Suspicions of infidelity between partners have destroyed countless relationships, often groundlessly.  Sleepless nights, worry, lack of focus, plus emotional pain are all too common for someone who suspects their partner is having an affair.

What are the most important things to look for when hiring an Infidelity private investigator?

• Private Investigator’s License: A reputable private investigator will be licensed by the state, and be willing to provide his or her license number upon request.
• Background Experience: How long has your potential investigator been in this type of work, and does he/she specialize in a particular facet of investigating?  Much like the medical field, investigators will most likely have an area of specialization for which they are particularly trained.  No one would enlist the services of a podiatrist to treat a heart condition! Care should be taken to hire the right person or agency skilled in the investigative expertise, required for a situation like yours.
• Bonded and Insured: For your protection, be sure that your PI is bonded and has current liability insurance coverage.  When you hire a private investigator to work on your behalf, you could be liable for damages caused while working on your case.  If the PI does not have adequate coverage, you risk exposure to this liability.
• Mandatory Confidentiality: Your written agreement should include a confidentiality clause that prohibits your investigator from discussing or in any way sharing information regarding your case without your prior authorization. 
• Communication Skills: The importance of verbal and written communication between you and your private investigator cannot be overstated.  Not only must you clearly explain every aspect of your situation and objective, but your investigator also should ask questions to verify that your intentions are both moral and legal.

Simple hiring a private investigator may not solve your problem; you need an expert private investigator like Investigative Resources of Texas in Dallas. With their experience and skills, Investigative Resources of Texas has helped thousands of people.