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Could You Spot Insurance Fraud? Many Canadians Don't Recognize Common Scenarios, TD Insurance Survey Finds
Could You Spot Insurance Fraud? Many Canadians Don't Recognize Common Scenarios, TD Insurance Sur...
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[{"type":"text","content":"\n\n\nCould You Spot Insurance Fraud? Many Canadians Don't Recognize Common Scenarios, TD Insurance Survey Finds\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nDespite 90% believing fraud raises premiums, many overlook everyday actions that could impact their own coverage.TORONTO, March 19, 2026 /CNW/ - Canadians overwhelmingly agree that insurance fraud is a serious issue, yet many struggle to identify what it can look like in everyday life -- particularly when it comes to easily overlooked details.\nA new TD Insurance survey finds that on average, only 58% of Canadians can successfully identify common real-world scenarios as insurance fraud, even as 90% say fraud raises premiums and 79% call it a serious issue.While nearly all Canadians surveyed (96%) believe others commit \"small frauds,\" only 7% acknowledge they themselves may have done something that could be considered insurance fraud, even unintentionally. This awareness gap highlights a widespread misunderstanding of how easily overlooked details can create unexpected issues, often without people realizing it.\"Many Canadians don't realize that small omissions or outdated information – details that are easy to overlook – can create challenges down the road,\" says Niro Kandasamy, AVP, Fraud and Special Investigations, TD Insurance. \"Many issues can be easily corrected when they're caught early, which is why reviewing and updating your policy matters. Left unaddressed, some details may delay a claim or affect coverage when customers need support the most.\"Everyday Behaviours Often Go Unrecognized When presented with common real–world scenarios, fewer than six in 10 Canadians (58% on average) recognized these behaviours as forms of insurance fraud, including:Not updating mileage after driving more frequentlyNot disclosing tenants or short-term rental guests on a home policyRegistering a vehicle under a parent's name to reduce premiumsLeaving a partner off an auto policy when they regularly drive the vehiclePadding repair estimatesOften unintentional, thes...