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The insurance forum apart from online-discussions also facilitates in providing information to the users like fraudulent insurance coverage plans, scams, etc. The act of obtaining insurance coverage amount through fraudulent activities from the insurer is referred to as insurance fraud. These account to losses in billions to the respective insurers annually. Nowadays these scams are becoming so common that serious measures are undertaken to inhibit these activities. The ravenousness to obtain a huge ransom amount of money affects lives of many innocent people, directly or indirectly. Governments, certain private organizations are undertaking serious measures to prevent these activities. For instance if a property is damaged willfully, the value of amount claimed through insurance is higher than that which is required to purchase it. In order to reap more profits these kinds of practices are encouraged. Also insurance companies are more vulnerable to insurance frauds as they appear like any other ordinary claim.