This is hypothetical of course:
I rent a small house from the owner/previous occupant.
I have had renters insurance in place for two years.
I have my consumer goods, such as electronics, tools, appliances and sporting goods covered by my renter's insurance. These are relative values, what they are worth currently, and I imagine that altogether I would get about $1500 for them.
I also have several heirlooms. I have my late grandfather's large coin collection, appraised and graded at over $3,000 and his stamp collection, appraised and graded at $7500, and my great grandmother's antique clock, valued at $1200. I have these insured as collector items, so these I would get exact value for. That is stated in the policy.
Add these all together, and that is a check for 12 grand should these items be "stolen" in a "burglary"
Step 1. I load all these items into my car, and take it to a storage unit facility. I back my car into the garage, which has a side door into my house, that way neighbors won't see me loading these items. And I won't be renting a storage unit it MY name. The insurance investigators have likely seen people try that before, and will have some way of checking if I rented a facility.
No, I will be taking it to a facility my friend has. He doesn't live with in my household, and he has nothing to do with my policy, so the insurance company has no idea I've ever met him. Also, he wouldn't know about the insurance fraud. I'd tell him I need to store them there to make room for when I have my house painted in a few weeks, to make room and because I don't feel comfortable leaving my valuables there with strangers since I'll be in a hotel.
Some of my friends and I meet at a pool hall for a few hours every Thursday night at 7pm. This is right up the road from me.
So at 6pm next thursday, I go to this window which is right next to my backdoor. I smash this window, then go inside and see if the cops show up. A burglar smashing this window could easily reach in and unlock my back door.
If someone witnessed the window being smashed and the cops show up, then obviously I cannot go forward with the plan. But I can obviously prove I live there, and could just say that I locked myself out and had to break a window, so no problem.
If 6:50 rolls around and the cops haven't shown up, then obviously no one saw me break the window, and I leave for my meet.
I will return around 11pm, immediately call the police and report that I've been robbed.
And it would make sense, a burglar could have recognized my house is empty for several hours at the same time every thursday night, thus making my house a logical target.
I then file the insurance claim, and get a check that will allow me to take a nice two week vacation to Australia next month, and then a two week trip to Italy this summer.
Lol could that work? Hypothetically of course
I rent a small house from the owner/previous occupant.
I have had renters insurance in place for two years.
I have my consumer goods, such as electronics, tools, appliances and sporting goods covered by my renter's insurance. These are relative values, what they are worth currently, and I imagine that altogether I would get about $1500 for them.
I also have several heirlooms. I have my late grandfather's large coin collection, appraised and graded at over $3,000 and his stamp collection, appraised and graded at $7500, and my great grandmother's antique clock, valued at $1200. I have these insured as collector items, so these I would get exact value for. That is stated in the policy.
Add these all together, and that is a check for 12 grand should these items be "stolen" in a "burglary"
Step 1. I load all these items into my car, and take it to a storage unit facility. I back my car into the garage, which has a side door into my house, that way neighbors won't see me loading these items. And I won't be renting a storage unit it MY name. The insurance investigators have likely seen people try that before, and will have some way of checking if I rented a facility.
No, I will be taking it to a facility my friend has. He doesn't live with in my household, and he has nothing to do with my policy, so the insurance company has no idea I've ever met him. Also, he wouldn't know about the insurance fraud. I'd tell him I need to store them there to make room for when I have my house painted in a few weeks, to make room and because I don't feel comfortable leaving my valuables there with strangers since I'll be in a hotel.
Some of my friends and I meet at a pool hall for a few hours every Thursday night at 7pm. This is right up the road from me.
So at 6pm next thursday, I go to this window which is right next to my backdoor. I smash this window, then go inside and see if the cops show up. A burglar smashing this window could easily reach in and unlock my back door.
If someone witnessed the window being smashed and the cops show up, then obviously I cannot go forward with the plan. But I can obviously prove I live there, and could just say that I locked myself out and had to break a window, so no problem.
If 6:50 rolls around and the cops haven't shown up, then obviously no one saw me break the window, and I leave for my meet.
I will return around 11pm, immediately call the police and report that I've been robbed.
And it would make sense, a burglar could have recognized my house is empty for several hours at the same time every thursday night, thus making my house a logical target.
I then file the insurance claim, and get a check that will allow me to take a nice two week vacation to Australia next month, and then a two week trip to Italy this summer.
Lol could that work? Hypothetically of course
