Imagine being a new car dealer with 200 new cars sitting out on the lot when a storm rolls through. The inventory is all financed and, presumably, insured.
Crops suffer mightily from hail damage. The fraud occurs because invariably the evidence melts before the adjuster arrives..
Circa 94 a huge hail storm went through Fort Worth. My car was destroyed. 1 billion in damage. The hail was size of grapefruit. I was parked in a lot full of cars at TCU. Responders triaged out those most seriously injured if you were out in open. Had to go to oky city to find an underaged new car.