Virginia State Police Insurance Fraud Program: Insurance Fraud is the crime we all pay for. It’s estimated that Insurance fraud costs Virginians between 0 – 00 a year higher premiums, as well as 00 a year more for good and services. Find out more about the financial impact of insurance fraud and how to avoid becoming a victim. Rewards of up to 000 are available for information that leads to an arrest for the crime of insurance fraud. Go to www.stampoutfraud or call the toll-free hotline 1-877-62FRAUD to report suspected fraud. Tipsters will remain anonymous.