Insurance is such a scam. A friend of mine made two claims within about five years: once for water damage and once for a burglary.
The insurance company agreed that she was covered. So they paid her and then dropped her. No big deal, right? Wrong. Once you've made a claim or two against your insurance, it can be very hard to get any new insurance company to cover you. She finally did find a new insurer, but the price has gone way up -- negating her original claims.
Did you know every claim you make goes into a CLUE report? It's like a credit report, but few people know about it. Once you make "too many claims" - even if they're legit and beyond your control, you become an insurance pariah.
Because of this, I avoid making any claims unless absolutely required.
The insurance company agreed that she was covered. So they paid her and then dropped her. No big deal, right? Wrong. Once you've made a claim or two against your insurance, it can be very hard to get any new insurance company to cover you. She finally did find a new insurer, but the price has gone way up -- negating her original claims.
Did you know every claim you make goes into a CLUE report? It's like a credit report, but few people know about it. Once you make "too many claims" - even if they're legit and beyond your control, you become an insurance pariah.
Because of this, I avoid making any claims unless absolutely required.