Honesty is the best policy or why you should buy track insurance if you can't afford to write it off
12-09-2015, 10:19 AM
#1
Thread Starter
Honesty is the best policy or why you should buy track insurance if you can't afford to write it off
http://www.presstelegram.com/general...ing-to-insurer
By Phillip Zonkel, Long Beach Press Telegram
POSTED: 12/08/15, 1:00 PM PST | UPDATED: 13 HRS AGO 0 COMMENTS
LAKEWOOD >> A Lakewood man crashed his German sports sedan at a Southern California racetrack earlier this year but told his auto insurer the accident happened in the local mountains, lying his way to a near-$65,000 payout, prosecutors allege.
Andres Hernandez, 36, allegedly wrecked his vehicle while trying to get the best lap time when he spun out and hit the wall at Fontana’s Auto Club Speedway May 15, according to a press release from the California Department of Insurance issued Tuesday. But he told his insurer he crashed his 2015 BMW M3 on Angeles Crest Highway, the department alleges.
He allegedly claimed the collision occurred on the highway because his personal auto policy did not provide coverage for racing, said Madison Voss, a spokeswoman with the Insurance Department. His insurance company paid out $64,860 on the claim.
Hernandez was arrested Dec. 1 at his job at South Bay BMW in Torrance and eventually posted his $45,000 bail, Voss said.
Hernandez, 36, is facing two felonies: one count of insurance fraud and one count of grand theft of personal property, said Greg Risling, a spokesman with the Los Angeles County District Attorney’s Office. He is scheduled to appear in Los Angeles Superior Court to enter a plea Dec. 23.
POSTED: 12/08/15, 1:00 PM PST | UPDATED: 13 HRS AGO 0 COMMENTS
LAKEWOOD >> A Lakewood man crashed his German sports sedan at a Southern California racetrack earlier this year but told his auto insurer the accident happened in the local mountains, lying his way to a near-$65,000 payout, prosecutors allege.
Andres Hernandez, 36, allegedly wrecked his vehicle while trying to get the best lap time when he spun out and hit the wall at Fontana’s Auto Club Speedway May 15, according to a press release from the California Department of Insurance issued Tuesday. But he told his insurer he crashed his 2015 BMW M3 on Angeles Crest Highway, the department alleges.
He allegedly claimed the collision occurred on the highway because his personal auto policy did not provide coverage for racing, said Madison Voss, a spokeswoman with the Insurance Department. His insurance company paid out $64,860 on the claim.
Hernandez was arrested Dec. 1 at his job at South Bay BMW in Torrance and eventually posted his $45,000 bail, Voss said.
Hernandez, 36, is facing two felonies: one count of insurance fraud and one count of grand theft of personal property, said Greg Risling, a spokesman with the Los Angeles County District Attorney’s Office. He is scheduled to appear in Los Angeles Superior Court to enter a plea Dec. 23.
12-09-2015, 02:07 PM
#7
Trending Topics
12-09-2015, 02:27 PM
#8
Thread Starter
Law in the USA is pretty complex.
His alleged crimes were lying to his insurance company and in doing so committed insurance fraud. When he collected the payment due to the fraud he committed grand theft.
fraud == the false insurance claim
grand theft == the collection of money from the fraudulent claim
I've known people to joke about this sort of thing when the group of guys are in the pits talking about "what ifs" I hope this will keep them straight.
His alleged crimes were lying to his insurance company and in doing so committed insurance fraud. When he collected the payment due to the fraud he committed grand theft.
fraud == the false insurance claim
grand theft == the collection of money from the fraudulent claim
I've known people to joke about this sort of thing when the group of guys are in the pits talking about "what ifs" I hope this will keep them straight.
12-09-2015, 03:35 PM
#9
You have to be ready to push your car off the cliff if things go wrong. Just walking away from a major wreck is enough to be thankful for.
Not that this makes it right but...Rumor has it that BMW assist is what caught him. Airbags deployed at ACS and he reported it at another location.
Not that this makes it right but...Rumor has it that BMW assist is what caught him. Airbags deployed at ACS and he reported it at another location.
12-09-2015, 03:47 PM
#10
You have to be ready to push your car off the cliff if things go wrong. Just walking away from a major wreck is enough to be thankful for.
Not that this makes it right but...Rumor has it that BMW assist is what caught him. Airbags deployed at ACS and he reported it at another location.
Not that this makes it right but...Rumor has it that BMW assist is what caught him. Airbags deployed at ACS and he reported it at another location.