According to a study done by the Coalition Against Insurance Fraud, the cost of illegitimate insurance claims average around $80 billion each year. It is in a company’s best interest to verify each insurance claim mainly because fraudulent claims end up raising the price of insurance for everybody else as well.
Skip tracing services are especially useful in scenarios where a debtor fails to answer repeated calls and emails to pay their debt. To be fair, there’s always a chance that a debtor simply no longer lives at the address where the collection letters are being sent to or forgot the password to their email address and are locked out permanently.
Before a business owner sets out to put in place adequate security measures, it is vital to carry out a corporate security assessment. This is where the services of private investigators in Palm Beach come in.