While difficult to determine exactly, it is estimated that fraudulent insurance claims constitute a significant portion of all claims and cost billions of dollars every year. However, making a fraudulent insurance claim is a serious crime that can result in long stretches of jail time and huge fines. In Wisconsin, insurance fraud is punishable by a fine of up to $50,000 and up to ten years in prison.
If you are being accused of insurance fraud, you will need an experienced attorney handling your case. The tenacious Milwaukee insurance fraud lawyers of Kohler Hart Powell, SC are capable of helping you receive the best possible result in your criminal defense trial. Call us at (414) 271-9595 to begin preparing your defense with a knowledgeable attorney.
Types of Insurance Fraud
Insurance fraud can take on many forms, but is always a criminal action. This fraud is divided into two main categories, hard and soft. Hard insurance fraud is the act of deliberately creating a situation that will allow you to make an insurance claim. A common example of hard fraud is when a person burns down their own home to take advantage of their homeowner’s insurance.
On the other hand, soft insurance fraud occurs when a person lies about or embellishes their claim. A frequent form of soft fraud occurs when a person omits sharing certain information, such as a pre-existing health condition, with their insurance company that would increase the cost of their premiums.
If you are being accused of insurance fraud, you are facing a very serious charge. You will need a well-prepared defense from an attorney who is confident in defending these kinds of cases. The Milwaukee insurance fraud attorneys of Kohler Hart Powell, SC have been defending their clients from criminal charges for over three decades and can help you. Contact us at (414) 271-9595 today to learn more about your legal options.