After claiming the insurance, will the premium increase?

By IndianMoney , 11 months ago
Generally yes. After claiming the insurance, the insurer increases the premium by a certain percentage. This premium hike is dependent on factors like: nature of claim, claim history etc.
Trending Questions
Recent Questions
Related Questions
- What is Home Insurance?
- Will "Acts of God" cover under Home insurance Policy?
- Are my possessions covered if its away from home?
- What factors go into determining the premiums for a homeowner?s policy?
- Will my tenant's items be covered by my homeowners policy?
- Will Jewellery items be fully covered under my homeowners insurance policy?