by woodstudio » Wed Nov 19, 2008 04:19 pm
I've never filed a claim with my company (Amica).
About a year ago I was in line at a stop light and a person rear ended me. I don't have collision on the car. I dealt directly with the other person's insurance company and they paid, but my insurance company knows there was a accident.
Recently a basketball hoop fell on my roof as the car was parked in my driveway.
So, the question is if I use my comprehensive will my rates go up?
About a year ago I was in line at a stop light and a person rear ended me. I don't have collision on the car. I dealt directly with the other person's insurance company and they paid, but my insurance company knows there was a accident.
Recently a basketball hoop fell on my roof as the car was parked in my driveway.
So, the question is if I use my comprehensive will my rates go up?
Posted: Wed Nov 19, 2008 05:24 pm Post Subject:
With Amica, doubtful.
Posted: Wed Nov 19, 2008 06:55 pm Post Subject:
Sounds like you have 2 not-at-fault incidents on your record in the last 3 years. That's not a red flag, but it's also not a clean slate from an underwriting perspective. Each company does their own risk analysis, so it's hard to say for sure.
I don't have any experience with Amica, personally, but they have an excellent reputation in the industry. I'm with tcope on this one - I doubt a comp claim will translate into higher premiums. You can always ask the agent off-the-record, if you have that sort of relationship with them.
Posted: Wed Nov 19, 2008 07:16 pm Post Subject:
Most company's do not rate up for a comp claim...unless there is a pattern of say vandalism...some states will not even allow this...if you want ck your states dept of ins site, if you can't find it there and don't want to ask your agent, they usually have a comsumer advocate you can call to ask questions....let us know!
By the way, how or why did it fall?
Posted: Wed Nov 19, 2008 08:01 pm Post Subject: thanks
Thanks for quick response.
For Lori's question- it is one of those portable movable outside basketball hoops. High winds blew it over.
Posted: Wed Nov 19, 2008 10:37 pm Post Subject:
oh, I see i was wondering if we could 'pull' any other policy into the fray... :wink:
Posted: Thu Nov 20, 2008 07:21 am Post Subject:
It seems that this is your first claim with your insurer hence the insurer may not raise the rates just after this. Carinsuranceguy is right, every insurance company applies its own logic and method in analyzing the risk. Hence, its difficult to state whether or not your rates will go up with this claim. However, even if the rate changes you may not experience it immediately. The rates will not alter before the next date of renewal.
BTW, what lori has mentioned holds good as well, many companies may not alter the rates for no-fault accidents.
Posted: Mon Jan 13, 2014 02:02 pm Post Subject:
Perhaps you already know that a collision claim adversely affects your premium. But what about about comprehensive claims? Comprehensive coverage is also known as “other than collision” coverage and it only offer coverage for losses such as fire, wind, hitting an animal, hail, falling objects, theft, vandalism etc.
In the past, comprehensive claims usually would not affect your premium. But nowadays, insurance companies have become very critical in how they rate an auto policy. In the past, your rates were exclusively determined keeping in mind a handful of variables like age, gender,vehicle and use. But now they are examining more. One of those variables is the frequency of claim. This means that now they are taking into consideration all kinds of claims including comprehensive claims over a period of time. Moreover, they are also involving claim severity, meaning the cost involved in each claim. Though a comprehensive claim may not have a direct hit on your premiums, it can negatively influence future eligibility and rating tier and in a nutshell, it can negatively affect your overall premium.
Posted: Tue Jan 14, 2014 01:17 pm Post Subject:
Sweet! Nice way to reply to a 5 year old post!
Posted: Sun Jan 26, 2014 02:05 am Post Subject:
No. Comprehensive is a no fault coverage.
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