A recent advertisement from a Major Insurance Carrier states they will not raise your rates after your first car accident! They did not say they could simply cancel your policy or non-renew or a host of other things to penalize you! Remember most but not all sell you a Promise they never intended too keep!
Someone I know very well had some water damage and called their insurance carrier and then within the hour called back to cancel the claim. Seems the damage was very minor. Within a week they received a letter from this carrier that said their policy could be cancelled if another claim was filed! With that they called the insurance company and reminded them that they had cancelled their claim within one hour after reporting it. There was no assurance from the carrier that another claim reported still might trigger a cancellation or a non-renew status! So now they feel threatened by their insurance company!
Jeff
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