Insurance help

Quentin

lev441 wrote: »

Hmmm.. Do you think its worth fighting for seeing is the wording is very ambiguous?

Although the wording in 1(a) seems unambiguous, a complaint letter setting out how you interpreted the wording, and that you see it as ambiguous will only cost you a stamp and might bring a goodwill gesture from them.


Next time add your valuable items onto your home insurance for cover outside the home.

Steve_xx

Quentin wrote: »

Next time add your valuable items onto your home insurance for cover outside the home.

I wouldn't especially do that unless you wanted to suffer a hike in the year/s following any claim!

Quentin

Steve_xx wrote: »

I wouldn't especially do that unless you wanted to suffer a hike in the year/s following any claim!

You have missed the point.


House insurance doesn't have such a low limit on valuables.


Thus had the computer been covered on the house insurance the OP wouldn't be beefing now about not getting his claim paid in full!

Steve_xx

Quentin wrote: »

You have missed the point.


House insurance doesn't have such a low limit on valuables.


Thus had the computer been covered on the house insurance the OP wouldn't be beefing now about not getting his claim paid in full!

No, I've not missed the point at all. I was pointing out that to make a claim in this way may well affect your future premium on your household insurance. Far better, in my opinion, to have travel insurance that is more comprehensive than was in this case.

Also, all household policies are not the same and some may well have limits on the amount of payments they will make on certain types of individual pieces of kit.

The OP isn't "beefing" about not getting the claim paid. They are posing a question regarding the interpretation of the policy detail. It's perfectly legitimate to do that.

Quentin

Travel insurance is not intended for covering high value items.

dacouch

Steve_xx wrote: »

I wouldn't especially do that unless you wanted to suffer a hike in the year/s following any claim!

Quentin is correct.

Home Insurance would provide far wider cover eg "New for Old" rather than the "Indemnity" cover provided by a travel policy and would have higher inner limits.

Home Insurers also tend to be far easier to make a claim for personal belongings than a travel insurer

Steve_xx

dacouch wrote: »

Quentin is correct.

Home Insurance would provide far wider cover eg "New for Old" rather than the "Indemnity" cover provided by a travel policy and would have higher inner limits.

Home Insurers also tend to be far easier to make a claim for personal belongings than a travel insurer

I didn't say that Quentin was incorrect in any way. The point I was making is that a claim on household insurance will probably result in a premium hike in the following year/s, whereas a travel insurance claim wouldn't.

I disagree that household insurers are "easier" to make claims from than travel insurers. No insurer is easy to make a claim from these days and I think when a claim is made the first thing that any insurer does is to attempt to find ways that they can avoid making any payout.

dacouch

Steve_xx wrote: »

I didn't say that Quentin was incorrect in any way. The point I was making is that a claim on household insurance will probably result in a premium hike in the following year/s, whereas a travel insurance claim wouldn't.

I disagree that household insurers are "easier" to make claims from than travel insurers. No insurer is easy to make a claim from these days and I think when a claim is made the first thing that any insurer does is to attempt to find ways that they can avoid making any payout.

But it's highly likely the OP will need to declare the claim from the Travel Policy to his current or future Home Insurers anyway. So any loading the Home Insurers would have applied for a claim on home insurance will be broadly similar.

There may be a smallish difference for not losing no claims when claiming from a travel policy rather than a home policy but this would generally be circa £30 a year for the average customer for a couple of years.

If the lap top had the correct cover on a Home Policy the OP would have received £412 more. I think it's very possible a home Policy the Insurer would have just replaced the lap top with a new one rather than pay £912 to repair a laptop. Which would leave the OP with a brand new more current Lap Top

Steve_xx

dacouch wrote: »

But it's highly likely the OP will need to declare the claim from the Travel Policy to his current or future Home Insurers anyway.

I don't think that is the case. Only previous claims on home insurance would need to be disclosed.

FlameCloud

Steve_xx wrote: »

I don't think that is the case. Only previous claims on home insurance would need to be disclosed.

Disclosure questions are rarely that specific.