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IRC Survey: 1 in 3 Feel Okay with Claim Padding

Friday, July 25, 2003 | 0

One in three U.S. adults -- 33 percent -- say that it is all right to exaggerate insurance claims under certain circumstances, according to a recent Insurance Research Council (IRC) survey. These respondents agreed that it is acceptable to increase the amount of an insurance claim by a small amount to make up for a deductible. Just over one in five respondents (22 percent) agreed that it is acceptable to increase the amount of a claim to make up for insurance premiums paid when no claims were made. In contrast, fewer respondents tolerated dishonesty in areas other than insurance, such as exagg...

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