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....
No it is unlawful to raise a premium due to claim.
Yes. There is a difference between driver's license points and insurance points. Anything that is on your MVR can raise your insurance rates.
If your insurance company finds out about the tickets it is highly likely that they will raise your insurance rate.
Premium Up-Rates The exact number of days may vary from state to state, But in most states any premium adjustments must be made within 60 days of policy issuance. This applies to new insurance contracts as well as at renewal time. Happy Motoring
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.
it depends on the company
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.