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**hexniks** · 08-01-2012, 04:27 PM

No, your insurance company should stick with you and give you a fair renewal quote.
Basically if your company drops you after a claim that really shows it is only interested in collecting your money as long as it doesn't have to pay you out.

no it just means that once they have paid out they can cancel the insurance policy because they have upheld their side of the contract.

insurance is a mugs game... you need it as a general rule... but they know that your not likely to have an accident but they have to take the risk.

that said they make money hand over fist regardless of you having an accident or not.

08-01-2012, 04:27 PM	#23
hexniks Join Date Oct 2005 Posts 581 Senior Member	No, your insurance company should stick with you and give you a fair renewal quote. Basically if your company drops you after a claim that really shows it is only interested in collecting your money as long as it doesn't have to pay you out. no it just means that once they have paid out they can cancel the insurance policy because they have upheld their side of the contract. insurance is a mugs game... you need it as a general rule... but they know that your not likely to have an accident but they have to take the risk. that said they make money hand over fist regardless of you having an accident or not.
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