What is Swoop And Squat?
1.
Such an operation typically involves two cars driven by suspects who box in a victim’s car on a freeway, causing a collision. The scam participants then file fraudulent insurance claims for alleged injuries.
The Insurance Commissioner on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 swoop and squats over the past 18 months, bilking insurers and consumers out of $2 million to $3 million.
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2.
When someone tries to steal someone else's girlfriend/boyfriend. Its called a swoop and squat and it can cost your insurance company thousands of dollars in damages.
"Dude Zain, she already has a boyfriend"
"Thats why, I'm going to swoop and squat"
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