Whitepaper - Liars Lie: Garaging Fraud is on the Rise
More fraud means less revenue. As more and more Americans report a growing tolerance for fraud, it is no wonder that this "victimless crime" is on the rise. DRN sheds light on new findings about the prevalence of fraud and how insurance companies can use vehicle location data solutions to combat fraud.
Liars will leave as soon as the claim is made and jump to the next insurance carrier. Identify the risky policyholders with vehicle sighting data and get them off your book. Unlike telematics, vehicle sightings from DRN do not track your policyholders so you see more than just the honest policyholder.