chauncey wrote in post #7402751
My renter's insurance; I made sure that everything is covered everywhere, your fault, my fault, nobodies fault.
Yeah, and go ahead and make a claim and watch the result.
1. They'll cancel you so fast your head'll spin.
2. Your premiums will skyrocket to the point you'll wish you never picked up that phone to call.
Few years back I had water leaks from ice dams under the eaves on my roof. It damaged some paint, damaged window moldings. A friend said call the insurance company. They won't even come to check. The'll write you a check.
He was wrong.
Check they did. They wrote me a check for damages to the tune of $5,000. I thought I hit a mini lotto. I was shocked. I had the damages repaired for far less.
Shortly thereafter, my premiums went from $900 a year to $1800 a year. When I called to complain, I was told it had nothing to do with my claim, but with their experiences of high claims in the northeast due to winter storms.
I said hogwash. I threatened to cancel, stating I'd take my business elsewhere.
The kind rep said don't be so hasty. Better get insurance in place from another company first.
I called a competitor. The first question I was asked was if I had made a claim in the past five years. They have a central database so lying was out of the question. I said I had just made a small claim.
The rep stated: "Then we won't insure you," and HUNG UP.
My insurance rates now, having never made another claim, are almost $3,000.
There's no free lunch in this world. Pay me now, and you'll surely pay later.
me