Bz4 Will filing a claim make
my premium increase
or result in my policy being canceled?
Generally the answer is no. One claim is not a cause for concern on the
part of of insurance companies. But a pattern of claims may result in a premium
increase or cancellation. So if you have a claim that is the third in three
years, for example, that will be viewed differently than having one claim
only. Individual claims that are suggestive of gross negligence can also
result in significant premium increase or cancellation. An example might
be an auto accident accompanied by a reckless driving or driving under the
influence conviction.
Information provided by www.iii.org
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