Insurance fraud is a crime that occurs when someone deceives an insurance company to gain benefits or payouts they are not entitled to. This can involve exaggerating claims, submitting false information, or staging accidents. The goal is to receive money or services from the insurance provider unlawfully. There are various types of insurance fraud, including health insurance fraud, auto insurance fraud, and property insurance fraud. Each type involves different tactics, but all aim to exploit the insurance system. Detecting and preventing fraud is crucial for maintaining the integrity of the insurance industry and keeping premiums affordable for honest policyholders.