Wiki User
∙ 13y agolikely yes - one of the determines of rate is "experience" meaning how many claims you have had over a specified period of time and a personal injury claim is the same or could be worse than a regular property claim
Wiki User
∙ 13y agoYep. A lot of insurance companies will refuse to insure your home with a kiln in it.
It can affect: 1. Your insurance premium (for your own vehicle, or your parents vehicle if you are on their policy. 2. Your employers insurance premium (if you drive for work) It will NOT affect: 1. Your friend's premium, unless you are scheduled as a driver on the policy
It will make your insurance premium go up..
Insurance rates vary depending on your personal situation: your health, your age, your habits, and even what you do for work or how often you travel can affect your premium. Make sure to shop around to find the right insurance plan for you, or talk to an insurance broker.
not realy i dont under stand why
No. Doesn't affect it at all.
If you register what exactly? If you mean would registering your vehicle with their address would it affect the homeowners premiums? NO
Yes. If a claim is made and found valid, his insurance rates will probably increase. It depends on the past history of the insured of how much the premium will rise.
Multiple losses on any policy will guarantee a cancellation. A cancellation on a home insurance policy will pretty much guarantee that you will not get another homeowners policy at anything close to a reasonable rate. Also, you can be assured that no company will allow you to purchase jewelry floater policy either. I hope your state has an insurance pool for those who can't buy insurance in the private sector.
There are many reasons for home owners insurance to reduce in premium, such as various discounts, security alarm discount, mortgage free discount, home and auto discount, senior discount, claims free discount, new home discount, and the list goes on, as well every year in Ontario your insurance company will either increase there home rates, decrease them or leave them as is, this could also affect the premium. As well your postal rating may become more desirable to the insurance company and it will drop in premium this way. There is honestly so many ways insurance premium can change without being in the industry the best thing I can suggest is to look for discounts, this is the one important thing homeowners can control.
Yes, the general idea of insurance is that your rates go up when you cause an accident and they are forced to pay out.
Depends, homeowners insurance does have a liability section in it, and you are liable for the person helping you gets hurt, then yes, but if you are not liable then your insurance will not respond, here in ONtario there is a section in the liability called Voluntary medical payment where you can provide monies to the injured person wheather you are liable or not. This is usually limited to an amount such as $500-$2000 and this coverage does not require you to pay a deductible but will affect your insurance premium wise.