Wednesday, Apr 12, 2017 at 09:34
Ah yes, insurance companies never lose.
It always pays to assess whether it is worthwhile making a claim, taking into account premium increases are likely (even if you change insurers, they ask about recent claims), loss of no claim bonuses (which usually cost extra each year in premiums), and just the often PITA factor in dealing with them.
Speaking from a crash
shop history POV.
Just wait for premiums Aust wide from the cyclone Debbie, and flood aftermath !!
Premiums will be put up Aust wide, to 'spread the pain' to the people directly affected.
After they sift through and deny claims citing
water rising, falling, not caused by cyclone, etc etc, those claims that get told they were underinsured 50%, all that sort of thing, they will not lose all that much after the inevitable widespread premium rises.
FollowupID:
880076