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Will a personal injury claim on homeowner's insurance affect the premium?
Wiki User
∙ 13y ago
likely 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 ago
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Dose having a small kiln for ceramics in the garage or basement for a personal hobby affect homeowners insurance?
Yep. A lot of insurance companies will refuse to insure your home with a kiln in it.
If I get a traffic violations does it affect someones insurance?
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
How will disobeying a traffic signal affect insurance rates in Illinois?
It will make your insurance premium go up..
Does the distance from a fire hydrant affect the insurance premium?
not realy i dont under stand why
Does Metlife provide good term life insurance rates?
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.
If you put a new roof on your home does your insurance premium go down?
No. Doesn't affect it at all.
Would it affect someone's home insurance if you register at their address?
If you register what exactly? If you mean would registering your vehicle with their address would it affect the homeowners premiums? NO
If you are driving a friend's car and have a minor collision does this affect his insurance premium since you are not included in the insurance plan?
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.
How do multiple loss claims on a personal articles policy for jewelry affect this policy and your Auto and homeowners?
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.
Will your home owner insurance go down?
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.
If you was on your dads insurance as a named driver does in affect their premium if you have an accident?
Yes, the general idea of insurance is that your rates go up when you cause an accident and they are forced to pay out.
How will a ticket for running a red light affect your insurance premium in California?
same question for Florida. Guys, no one has a hint?
