With the disastrous hurricanes and forest fires that struck several states in the US these past five years, victims of the calamities were shocked to find themselves shortchanged by their insurance companies. These companies have been reported to be using tactics to reduce, avoid or delay payment to homeowners. This way, the insurance company is able to keep the money longer and invest it to make profits.

Complaints filed against insurance companies soared after disaster victims failed to get the coverage promised in their policies. Insurers were refusing to pay market prices for reconstruction and replacement of home items, policy coverage are being changed without clear explanation.

Read this article for the full story on homeowners insurance fraud.