Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules

Insurance loading

Options
  • 02-11-2007 3:33pm
    #1
    Cervantes
    Registered Users Posts: 24 ✭


    Probably bit of a stupid question, but here goes...

    When claiming on insurance, will the loading on the next premium come down to the financial cost of the claim, or the nature of the claim?

    i.e. would rear-ending a Merc cost you more than read-ending a Punto?

    P.S. Wasn't me by the way - honest!!


Comments

  • Options
    #2
    Eoin
    Registered Users Posts: 21,256 ✭✭✭✭Eoin


    Cervantes wrote: »
    Probably bit of a stupid question, but here goes...

    When claiming on insurance, will the loading on the next premium come down to the financial cost of the claim, or the nature of the claim?

    i.e. would rear-ending a Merc cost you more than read-ending a Punto?

    P.S. Wasn't me by the way - honest!!

    The nature of those two claims is the same though?


  • Options
    #3
    Cervantes
    Registered Users Posts: 24 ✭Cervantes


    Yeah, the nature of the claims is the same, but the costs are obviously going to be vastly different - my question is that given a claim of a similar nature, will the cost of settling the claim be the overriding factor in loading your next premium?

    Thanks


Advertisement