23 Jun, 2011 @ 14:23
1 min read

Bogus insurance claims on the rise

By Elizabeth Byrum

INSURANCE premiums could be set to jump following a massive rise in bogus claims blamed on the recession.

The rate of fraudulent claims has jumped by a huge 77 per cent since 2008, according to data from an association of insurance and pension companies.

In 2010, a staggering 118,000 bogus claims were detected in Spain in just one year.

The ICEA however insisted that the increase could in part be put down to an improvement in the detection capabilities of the insurance companies.

The majority of bogus claims detected are related to car insurance, which makes up nearly 80 per cent of all cases.


The fraudulent claims range from falsifying an accident or stolen vehicle report or filing exaggerated damage claims.

Life, injury and health insurance comprise a small amount of overall cases, but have also shown a 300 per cent increase from 2009.

The number of fraudulent claims in the UK hit a record high of 122,000 in 2009.

James Bryce

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575


  1. If only Insurance Companies were fair with bona fide claims they just may see a decrease in false claims. In my case, over €1,000 claimed for a break-in and they only paid out for a €400 laptop saying it was the most expensive item stolen. They are the fraudsters.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Story

Spain is best value for self-catering holidays in Europe

Next Story

Dutch holidaymaker goes missing in Spain

Latest from National News

Go toTop

More From The Olive Press