It is believed that insurance as an economic activity has existed since the third millennium BC. Modern forms of property insurance against uncertain adverse events arose already in the Middle Ages, in Italy, and were related to the insurance of maritime risks. These facts show that people have always been aware of the risks that threaten the preservation of property and even their lives. Insurance activity is closely related to everything that is necessary for civilization; property, transport, trade, healthcare, etc. Insurance is a lifeline that rescues us from critical life situations in exchange for paying a premium, thus bringing with it a number of useful benefits. It was only a matter of time before individuals came up with the idea of abusing the insurance system. Of course, it's not really a matter of time, because insurance fraud has existed since the very beginning of the industry, but it's a matter of method. The types of insurance fraud vary from misrepresenting essential information when concluding a contract to inventing fictitious events in order not to receive compensation for a loss that did not occur. There are numerous ways in which insured persons or insurance users unjustifiably drain the financial resources of insurance companies, and every day certain people come up with new ideas on how to commit these frauds. For the above reasons, we can establish how important it is to regularly conduct research on insurance fraud, thereby preventing their occurrence and protecting well-intentioned participants in insurance relations. The topic of this final paper is precisely the research of the frequency and methods of fraud in all types of insurance, but also the analysis of the mentality that leads to fraud being committed. The goal of this work is to raise awareness of the problem of insurance fraud and to achieve an understanding of how to prevent fraud and thereby preserve the fairness of the business that the insurance contract creates.