?? Why do Insurance Companies other threaten to drop People?
When they try to Make a Claim on Home Owners Policies...grrr.. >:{
Answers:
If you have made your third claim in three years, they are by ruling bound to cancel you. Sorry but that's a law. You can jump to another insurance company though.
You don't say what the claim was. If is be for criminal activity, arson, etc. they can cancel you.
They must work on the claim first unless it is regarding a crime.
Call them and ask your agent. They have to explain why.
M-O-N-E-Y-
Because it is money racket. If you hold no claims they are collecting money. When they have to pay out (remember you salaried for those services) they lose money or so they say. It is unfair. I enjoy been paying insurance on 4 cell phones for 3 years (a total of $719.00). I needed to use it for replacement of 1 cell phone this month (This is the first time I have used it.) and it took me and entire week of calling everyday (up to an 1hr respectively call) to get the phone replaced and it cost me another $40.00 to get the phone. What a willow!
they play sturdy to get to want you to want them more
because they are rip off artist with a license to stick it to you thorny
hahaha stupid insurance companies
because they don't really want to help people
They're at hand to make money. Claimants cost them money.
Once you claim you go on to a register of claimants and the information is shared between companies.
Unless your house is a total loss, don't even dream up of claiming. And you might as well forget about contents insurance. Even if they do hang on to you on, the premium will probably double or worse.
These are annual policies, so they can drop you without excuse or reason at the subsequent renewal date.
Related Questions:
Answers:
If you have made your third claim in three years, they are by ruling bound to cancel you. Sorry but that's a law. You can jump to another insurance company though.
You don't say what the claim was. If is be for criminal activity, arson, etc. they can cancel you.
They must work on the claim first unless it is regarding a crime.
Call them and ask your agent. They have to explain why.
M-O-N-E-Y-
Because it is money racket. If you hold no claims they are collecting money. When they have to pay out (remember you salaried for those services) they lose money or so they say. It is unfair. I enjoy been paying insurance on 4 cell phones for 3 years (a total of $719.00). I needed to use it for replacement of 1 cell phone this month (This is the first time I have used it.) and it took me and entire week of calling everyday (up to an 1hr respectively call) to get the phone replaced and it cost me another $40.00 to get the phone. What a willow!
they play sturdy to get to want you to want them more
because they are rip off artist with a license to stick it to you thorny
hahaha stupid insurance companies
because they don't really want to help people
They're at hand to make money. Claimants cost them money.
Once you claim you go on to a register of claimants and the information is shared between companies.
Unless your house is a total loss, don't even dream up of claiming. And you might as well forget about contents insurance. Even if they do hang on to you on, the premium will probably double or worse.
These are annual policies, so they can drop you without excuse or reason at the subsequent renewal date.
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