The Flying Carpet

Read the full article at https://youtu.be/lQ0gk1LahNM and see the full video at https://rumble.com/vfiktd-a-true-crime-video-of-insurance-fraud.html and at https://youtu.be/lQ0gk1LahNM and at https://zalma.com/blog plus more than 3650 posts.

A Fictionalized True Crime Story of Insurance Fraud from an Expert who explains why Insurance Fraud is a “Heads I Win, Tails You Lose” situation for Insurers. The stories help to Understand How, and why, my book Insurance Fraud in America is Costing Everyone was written to explain to those who buy insurance thousands of dollars every year and why insurance fraud is safer and more profitable for the ­­­perpetrators than any other crime. The names of the perpetrators and the locations were changed to protect the guilty.

Before the ISO changed the homeowners program to include a special limit of liability for theft of antique rugs, homeowners insurers found themselves faced with reports of the thefts of thousands of antique Persian rugs valued between $10,000 and $20,000 each. 

When the special limit of liability was adopted, the rash of Persian rug thefts stopped. It was as if a ring of burglars suddenly left the country.