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3 Policies to Make Great Landlords

By Maryl Joop


Your car isn't going to last forever. From the moment you drive it off the lot, it begins depreciating in value.

Insurance fraud is a criminal act punishable by the full weight of the law, including jail time and some serious fines. But it is not only the insurance companies that these insurance fraud laws are designed to protect because insurance fraud, despite claims to the opposite, are not victimless crimes.

Many individual citizens have fallen prey to insurance scams and have had to pay the consequence. Because insurance fraud has the potential to inflict damage on more than just the insurance companies, it is important that private citizens understand some of the most popular auto insurance scams in use today by con artists across the nation.

Following an auto accident there is often repairs to the vehicle that will need to be made. But one of the most common car insurance scams is pulled off by shady auto repair shops and body shops.

They have a vested interest in how well you take care of that property. You could destroy it to the point that they would take a loss should they have to sell it. How often do you see them storming into your life unannounced though? Not very often. The same respect should be given to your tenants as they rent out the property you own. Respect their privacy and try to only come by with notice.

Kelly Blue Book will give you prices for each. This should give you a good idea of what your car is worth. Second, your car is a gas guzzler and you just can't afford it anymore. Gas prices may drop for a winter, but what are the odds that they won't continue to rise during the summer?

Each summer, you see higher and higher gas prices. One or two tanks of this expensive grade gasoline won't hurt you too hard, but the coming years will.

Other auto insurance scams are simply downright dangerous for the victim. Fraud criminals who are targeting a free payday from another's insurance policy will stage accidents, take advantage of a driving mistake to cause an accident or otherwise lure their victims into an auto accident.

A common fraud of this kind would be for a criminal to intentionally ram a car that has strayed from their lane or who is merging. In this way, the criminal can claim innocence and charge their victim's insurance company for thousands of dollars.

To avoid these and other auto insurance frauds, an insurance subscriber in Frisco should put a high value on integrity while searching for an insurance company. This is because an auto insurance company with integrity will be able to work with the subscriber should the subscriber fall victim to an insurance fraud.

CNR offers landlord insurance to those looking to rent out their property. You can put your best foot forward and still have tenants that disrespect your property. On top of that, any number of disasters could occur while you are away. Protect your property with landlord insurance for the unexpected disasters.




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