chuckster11 wrote:
big kahuna1 wrote:"Rates" do not really go up with a "comprehensive" claim and depending on the carrier, one claim is not going to affect you anyway. Now, if you have too many claims, then it will affect you by being cancelled OR they COULD place you in a different rating tier on renewal which in effect, is a rate increase as the premiums will be higher in that tier than the rating tier you were in. Policies on RV trailers are not like auto or M/H home policies where at fault accidents can end up having a surcharge placed on your policy. Not at fault accidents or "Acts of God" should never affect your policy. If it does, then change Companies and file a complaint with the Insurance Commisioners office in your State.
If you are with a company that considers one claim a no no and wants to non-renew you than trust me, you are better off without that company as they are looking to deny claims rather than pay them. Now if you are a claim magnet, then you may deserve to get cancelled if you report every single claim, whether minor or major.
Well, isn't that the point? A windshield chip here, maybe one last year, an awning damaged by wind, an animal collision four years ago, some petty vandalism just awhile back, a theft, etc. all add up to a Comp frequency problem that will effect the deductible on the policy you have or the application with a new company you want to change to.
No one is going to be hammered for one Comp claim but a bunch of nickel/dime losses will result in some action.
RV policies are like auto policies and can and will be rated or cancelled for prior accidents--fault and no fault accidents. These policies are underwritten in the same manner as an auto policy--except the item insured is much more expensive, certainly more exposed to some forms of comp losses than autos, and capable of doing much more property damage and bodily injury in an average collision situation.
All sorts of possibilities exist depending on how long you have been with the company, how many more policies the company has on your stuff, the agent, and, frankly, how the claim is reported.
Certainly filing a complaint with the Insurance Commission is a remedy but, in my experience, denied claims generally comply with all state laws most of the time. I have rarely seen a claim that was denied reversed by an Insurance Commission because most denials are based on clear language in the policy that excludes the loss. Consumer misunderstanding of policy provisions cannot reverse a denial.
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