CalPERS names Stausboll CEOThe California Public Employees' Retirement System late Wednesday appointed Anne Stausboll as the pension fund's new chief executive officer, starting early next year.
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companies, for that matter – to raise their rates in order to compensate for the money being paid for illegal claims.
You can help yourself, and your fellow New Jersey drivers, to keep car prices down and help maintain cheap car in New Jersey by educating yourself about fraud.
What is fraud?
A person commits fraud when he or she gives his or her car company false information while filing an claim. For example, if you crashed into a telephone poll, and claimed you had a friend in the vehicle with you who sustained injuries, your friend could collect money from your company to compensate for the injuries. You two could split the money and have a fun night. However, that friend was never in the car, so it’s fraud.
How does fraud affect me?
As a New Jersey driver, fraud affects you when car companies have to keep hiking up their premiums. You end up paying more money to compensate for the crimes committed by others.
Do those who commit fraud walk away wealthier?
Well, the sad truth is that if they don’t get caught, they do walk away with some extra money in their pockets. However, if the do get caught committing fraud in New Jersey, they face losing their driver’s licenses, paying fines of up to $15,000 per incident, and jail time.
What should I do if I know of an fraud incident? To help keep cheap car in New Jersey, you can report any incidents of fraud by calling (877) 55-FRAUD. All information about yourself is kept anonymous and the fraud information you provide is kept confidential
Article Source: Articles Beyond Better
How to Get the Lowest Priced Car in New Jersey Our recommended provider for teenage drivers
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