Author Topic: Be aware that claiming on insurance increases premiums  (Read 2494 times)

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The Prophet

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Be aware that claiming on insurance increases premiums
« on: June 27, 2011, 11:38:16 am »
Householders should be aware that making a claim on their insurance would lead to premiums increasing when it is time for renewal.

Not only will you have to pay the excess but insurers typically hit those that claim with large increases in premiums.
Homeowners should also be careful to ensure that "claim enquiries" cannot be confused or misinterpreted as a "claim"
by the insurer and trigger an increase even though a claim was not made.