How much will house insurance premium go up if I make a claim

MassiveJim

MassiveJim

MassiveJim

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I have never made a claim on house insurance before and I am trying to weigh up if it is worth making a claim.

on average how much does the following years premium go up following a claim ?

The insurer if it matters is Admiral, and the excess would be £325
 
MassiveJim said:
I have never made a claim on house insurance before and I am trying to weigh up if it is worth making a claim.

on average how much does the following years premium go up following a claim ?

The insurer if it matters is Admiral, and the excess would be £325
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no one knows but your insurers .
 
Do a quote on confused.com or w/e and do another quote declaring a claim.

Make the name a John Doe.

Might give an indicator. Not tried or tested this, mind.
 
dLockers said:
Do a quote on confused.com or w/e and do another quote declaring a claim.

Make the name a John Doe.

Might give an indicator. Not tried or tested this, mind.
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Probably the only way to get a reasonable idea. Same with car insurance claims, some people it doesn't affect and others it's massive.
 
How much is the claim for?

We claimed for a rather large double glazed and leaded bay window, at just shy of £1k fitted (£50 excess), and the difference in quotes was a whole £1, or ~0.3%, so definitely worth it in our case.
 
How much is the claim? That's going to be a huge factor.

You spilt a cup of tea on the carpet or somebody has crashed through your driveway wall?
 
Desmo said:
How much is the claim? That's going to be a huge factor.

You spilt a cup of tea on the carpet or somebody has crashed through your driveway wall?
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If there is a wall blocking your driveway they may have done you a favour.
 
Just making a claim doesn't automatically mean your premiums will increase.

In 2011 I claimed for just over £10,000 on my house contents insurance following a near lightning strike.

Come renewal time, my premiums went down.

I've stayed with Lloyds ever since, they're competitively priced and have been fantastic over the years.
 
Feek said:
Just making a claim doesn't automatically mean your premiums will increase.

In 2011 I claimed for just over £10,000 on my house contents insurance following a near lightning strike.

Come renewal time, my premiums went down.

I've stayed with Lloyds ever since, they're competitively priced and have been fantastic over the years.
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We're with Halifax, so same underwriter I believe, and yes, for the policy they provide, the price is fantastic and their service when we claimed was faultless, would definitely recommend them.
 
Feek said:
Just making a claim doesn't automatically mean your premiums will increase.

In 2011 I claimed for just over £10,000 on my house contents insurance following a near lightning strike.

Come renewal time, my premiums went down.

I've stayed with Lloyds ever since, they're competitively priced and have been fantastic over the years.
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That makes sense tbh...

Unlike medical insurance where a claim might mean you're a greater health risk or car insurance where it might indicate you're a more careless driver than originally prcied in, I guess most house (or house content's insurance) isn't as conditional on claims/the owner but more just relevant to the building itself and the general risks present - obvs that is unchanged as a result of a lighting strike, might perhaps change in the event of flooding (if covered) assuming the risk of flooding has changed over time etc..

I presume it can change in event of house fires if the occupier had some responsibility/was careless etc.. or perhaps if things like watches and phones are covered and someone keeps on losing their brand new iPhone and claiming etc...
 
Quartz said:
Technology marches on and they'll probably give you £100.
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It'll be a gift card equivalent to the cheapest new laptop based on their depreciation model. Youll be lucky if they give you equivalent i.e. top spec

I got 300 quid Currys voucher for a 1400 laptop after 5 years. They calculated it was worth a fiver but had to give me at least enough to get something.
 
Depends on how good your policy is really.

your best bet is to find a unique feature of that laptop to point out that cheaper ones wouldn’t be equivalent.
 
MassiveJim said:
But its 5ish years old now so not sure how they would value it.
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Depends very much on your insurance policy. The biggest item on my claim was a radio which I bought for £600 second hand but as that model was discontinued, I claimed for a new one that covered the same frequencies and was £3,500 which they paid without blinking.
 
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