If you make a claim on renter’s insurance, which is with a regular insurance company, does that ‘count against you’ the way it would on your homeowners? Does it affect future rates, etc?
Any reason not to claim for a person who had a break in? Deductible $250, losses over $1000.
In general, do you get back what you paid (for example clearance price) or what it’s value is? Depreciated value?
My D had a claim on her student insurance plan so slightly different. For both items she was given what she had paid for the item. In the case of the bicycle it was great since the bike was almost 7 years old. Luckily my H had the receipt. After 1 claim in two consecutive years the insurance company cancelled her.
I think it would count against you. The whole insurance racket. If you file a claim to protect your loses you are penalized.
DS was not allowed to renew after 2 claims on student insurance plan.
Insurance is such a racket, but we can’t live without it. I’ve paid up to 3K or so, just not to have a claim. But if your D has renter’s insurance, and isn’t likely to need it that long, I would consider filing.
Insurance companies seem to know whether you’ve had a claim (even with other companies) or not as soon as you give them your personal information. I think they must have a common database shared among all companies.
Will a rental claim affect a later homeowner’s policy or are they different categories?
DD tells me that last fall a neighbor’s garage storage unit was burgled, DD emailed the landlord and the condo building and asked them both to reinforce her storage unit. They never did, now her lock hasp was unscrewed and things taken, does that make the claim against them for negligence or just the renter’s policy?