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Insurance Fraud Prevention Checklist

Protect your business from costly losses! Our Insurance Fraud Prevention Checklist helps you identify vulnerabilities and implement controls to minimize risk, ensuring compliance and safeguarding your bottom line. Download now and strengthen your defenses.

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Claim Submission Review

1 of 10

Verify completeness and accuracy of initial claim submissions.

Claim Submission Date

Claim Number

Claim Type

Narrative Description of Loss

Policyholder Verification Method

Supporting Documentation (Photos, Police Report)

Applicant/Insured Background Checks

2 of 10

Review criminal history, credit reports, and social media for red flags.

Credit Score

Criminal Record Check Status

Date of Background Check

Notes from Background Check Report

Prior Insurance Claims (select all that apply)

Copy of Criminal Record Check Report

Loss History Verification

3 of 10

Cross-reference reported loss history with MVRs, CLUE reports, and industry databases.

Number of Previous Claims

Date of Previous Claim (Most Recent)

CLUE Report Accessed?

Upload CLUE Report (if accessed)

MVR (Motor Vehicle Record) Checked?

Notes/Comments on Loss History Review

Witness Statement Analysis

4 of 10

Evaluate consistency and credibility of witness testimonies.

Witness Statement Content

Statement Consistency (with Police Report/Other Accounts)

Witness Demeanor (Observed)

Notes on Witness Behavior

Relationship to Insured/Claimant

Investigator Signature

Damage Assessment Verification

5 of 10

Confirm the reported damage aligns with the loss event and independent estimates.

Estimated Repair Cost (Initial)

Estimated Repair Cost (Independent Assessment)

Damage Severity

Photos of Damage (Before)

Detailed Description of Damage

Pre-existing Damage Indicated?

Date of Damage Assessment

Medical Records Scrutiny

6 of 10

Review medical records for inconsistencies, unusual treatment patterns, and duplicate billing.

Treatment Notes Review

Number of Visits

First Date of Treatment

Primary Diagnosis Consistency

Billing Code Discrepancies

Attached Scanned Records

Vehicle/Property Inspection

7 of 10

Document vehicle or property condition and any pre-existing damage.

Detailed Description of Vehicle/Property Condition

Pre-Existing Damage Count (e.g., Scratches, Dents)

Visible Signs of Tampering?

Photographs of Vehicle/Property (Front, Back, Sides, Damage)

GPS Coordinates of Inspection Location

Inspection Date

Inspector Signature

Policy Coverage Review

8 of 10

Confirm policy terms and conditions apply to the reported loss.

Policy Type

Coverage Amount (USD)

Policy Effective Date

Deductible Amount

Review Notes & Comments (e.g., specific endorsements, exclusions)

Business Interruption Coverage Included?

Flood Insurance Coverage?

Data Analytics Monitoring

9 of 10

Track claim patterns and identify potential fraud indicators using data analytics tools.

Average Claim Severity (USD)

Claim Frequency Rate (Claims/100 Policies)

Loss Ratio

Fraud Indicators Triggered (Select all that apply)

Date of Analytics Review

Summary of Analytics Findings

Reporting & Escalation

10 of 10

Document suspicious activities and escalate potentially fraudulent claims to the appropriate authorities.

Summary of Suspicious Activity

Estimated Fraudulent Value ($)

Severity Level (Low, Medium, High)

Date of Initial Suspicion

Assigned Investigator

Notes/Comments for Investigator

Supporting Documentation (optional)

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