Canadian car insurance company discovers “pervasive” scams in Toronto auto shops

Car insurance company - Scam Alert

An insurer north of the border has investigated a string of fraud cases regarding deliberately damaged cars. A Canadian car insurance company recently held an investigation into auto body shops within the country’s largest city. Aviva Canada determined that a tremendous number of auto repair businesses are involved in scamming the insurer. The insurer determined that auto body shop workers were billing for unnecessary work or work not done. The Aviva car insurance company determined that half of the total expenses it received for crashed vehicle repairs were fraudulent. The…

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Canadian auto insurance fraud is racking up a massive $2 billion annual bill

auto insurance fraud

According to a recent report, many Canadians are regularly scamming their insurers, forcing premiums up. A new Aviva Canada report revealed an auto insurance fraud trend costing insurers $2 billion every year. This added expense to insurers is leading them to increase premiums to compensate for the fraudulent claims payments. Drivers across the country are being forced to pay for an incredible $2 billion in added fraudulent expenses. The Aviva Canada report was published under the title “Crash, Cash and Backlash: Aviva Fraud Report 2017.” It pointed out that honest…

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RBC Insurance is selling its home and auto business to Aviva Canada

This will bring about the shift in employment of about 575 employees from one company to the next. The RBC Insurance company in Canada has announced that it will be selling both its home and auto businesses to Aviva, in a massive move that will require some employees to move to the new insurer while others remain with the Royal Bank of Canada. It has been estimated that 575 people will be swapping insurance companies while the remainder will stay put. Initial reports have stated that RBC Insurance will be…

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Auto insurance company in Canada cracks down on UberX drivers

auto insurance uber

An insurer has started cancelling the policies of drivers who are working with personal coverage. The Toronto Star has now reported that it has received an internal bulletin from the Aviva Canada auto insurance company and that has revealed that it is cracking down on UberX drivers who are covering themselves with personal policies but who are using their vehicles for commercial purposes. Estimates from the City of Toronto show a monthly average of 500,000 UberX rides in the city. Now, one of the largest auto insurance companies in the…

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Insurance news shows that while burglaries are dropping, claims are rising

Burglar Alarm Discount homeowners insurance news

A recent report from an insurer has shown that break ins aren’t as common but they are more expensive. Over recent years, insurance news has been reporting that victims of burglaries are increasingly discovering that their homeowners policies are falling short of the amount that would be required to replace some of their valuable possessions, as thieves have started to focus on small and expensive items that are easy to sell instead of large and bulky items such as big screen TVs. While people focus on making sure that their…

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Homeowners insurance company warns of Friday robbery spikes

Burglar Alarm Discount homeowners insurance news

According to a data analysis conducted by Aviva Canada, home burglaries dramatically rise in summer months, too. While the majority of us may look forward to Fridays because it means that we’re headed toward a weekend of fun and relaxation, a homeowners insurance company is now warning property owners to take extra precautions on that day as it is also a favorite time for burglaries. A large national home insurer has conducted a data analysis and showed that certain times are far worse than others. Aviva Canada’s data analysis showed…

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