With any kind of accident, it is always best to keep the following in mind: it may not be in your best interest to file
certain claims with insurers.
Not exact matches
You shouldn't be satisfied
with an inadequate settlement offer from the
insurer, and we'll make
certain that you know the full value of your
claim so that this won't happen.
As
with nearly every type of insurance, there are
certain conditions where an
insurer may deny your fire insurance
claim.
They might push you to buy a
certain type of insurance because they'll earn a commission; on the other hand, their relationship
with that
insurer could benefit you if you have to file a
claim.
However, unlike other contracts wherein fulfilling
certain obligations from both sides will generally be simultaneous, in life insurance contracts, the customer fulfils his obligations of payment of premium either immediately (single premium) or periodically (annually)
with a hope and belief that the other party (
insurer) will be fulfilling his part of the obligation in due course through multiple events like partial withdrawals, loans, survival or maturity benefits, surrenders or any live or death
claim as per contractual obligations.
Whenever you are involved in a
claim and have held an insurance policy
with a
certain auto
insurer for the minimum amount of time (as specified in your contract), your insurance company can not simply cancel your policy.
Insurers observe that drivers
with certain characteristics tend to have fewer accidents and file fewer
claims.
Many
insurers offer a discount if you remain
claim - free for a
certain number of years or if you insure multiple vehicles
with the same company.