yes that is correct $700 paint protectant. and ya im writing a email to HQ right now to tell them about it. see what they say and will wait untill tom. morning for the manager.zozoka1212 wrote:You even had the painprotection thru them also. If I remember right.
Zozoka
Why would your premium go up? It wasn't your fault. Hell, it's likely a comprehensive claim.suby01 wrote:yes i know about that one. 1 i work for an insurance co. and 2 i dont really want to do that because thats the last thing i want is for my insurance co. to get involved i already pay enough premium for it as it is. thanks though anything else?
yes i know not necessarily the premium but the chance of non renewal and or higher policy renewal when renewing. insurance only likes you when you keep paying them and they dont have to pay youC-Kwik wrote:
Why would your premium go up? It wasn't your fault. Hell, it's likely a comprehensive claim.
While non-renewals can occur, they are usually attributed to a higher risk. Meaning at fault losses or a particular loss that revealed some concerns about a person's lifestyle or unknown risk factors that might make them an unacceptable risk for the company. Another potential non-renewal scenario is the bad luck effect. Some people take little precaution to protect their property and have a high percentage of non-chargable losses. While they have no direct fault in the high number of claims, their choices may create a higher risk than would be normal.suby01 wrote:yes i know not necessarily the premium but the chance of non renewal and or higher policy renewal when renewing. insurance only likes you when you keep paying them and they dont have to pay you
i also work for "the hartford" im sure your familiar with it. its the first insurance co. here in the US some 200 years ago++C-Kwik wrote:
While non-renewals can occur, they are usually attributed to a higher risk. Meaning at fault losses or a particular loss that revealed some concerns about a person's lifestyle or unknown risk factors that might make them an unacceptable risk for the company. Another potential non-renewal scenario is the bad luck effect. Some people take little precaution to protect their property and have a high percentage of non-chargable losses. While they have no direct fault in the high number of claims, their choices may create a higher risk than would be normal.
It's amazing to me that in the 8 years I handled auto claims, there were so many people who would not want a claim reported just for the reason you are stating. But then why pay for a product that you aren't going to utilize? It's rediculous reasoning. Just so you know, I've reported every claim involving damage that would be over my deductible. My premium has never changed and I've had the same policy for some 7 years. In fact, the company I'm with now dropped me when I was young due to a bad driving record (4 moving violations in a year along with driving with a suspended license), but gladly accepted me back once my record cleared up enough.