I'm no fan of insurance companies. After all, they say sell life insurance or an annuity, and they have ways of not paying out. And, they even charge a mortality risk expense in case you die too soon, or live too long, and mess up what their actuaries were thinking. Then car insurance uses used parts (some that advertise on TV with animals that are green, have an Australian accent and a long tail) to fix 2010 BMW's. Pretty bad are health insurance providers who look to see if you have a lapse in coverage for say 63 days, and if so, you won't be covered due to a preexisting condition.
For all the cheating (morally speaking, all legal) that insurance companies do, so that the CEO can have a shore house, corporate jet, and medical doctors as lackeys, I would never condone fraud, which is what the OP is suggesting.