Insurance companies are not allowed to raise your premium if you onoy reported ONE loss but keep in mind that they can always use other reasons such as an across the board premium increase.
The insurance company has no reason to raise your premium, the situation was completely out of your hands.
Business insurance is based on two principles: one is your risk and history in the industry, and two is history and risk of your company. If these two items are compromised then your premium will be raised.
No, your insurance can't be raised by $100.00 just because you are a woman. There are a lot of factors involved with the way your insurance is priced.
No, if the insurance company has to pay out anything then they will raise the premium in order to make there money back....
Yes. There is a difference between driver's license points and insurance points. Anything that is on your MVR can raise your insurance rates.
Every company have their own rules regarding premium changes to their policy. You will need to either speak to your agent or the customer representative to find out why your premium change. In some case, you may be able to buy back the claim(essentially reimbursing the claim cost to the insurance company) and have the change removed.
If your insurance company finds out about the tickets it is highly likely that they will raise your insurance rate.
At renewal.
it depends on the company
they raise there young
Filing no claims on your insurance will not raise your rates. Your insurance agent would just as soon never hear from you except when you pay your premium.