Burglary: Home Insurance premium increase?

andre_xs

Hi,
we recently had a burglary, the insurance claim won't be too high I guess (compared to other burglaries), it is 'just' a broken window, a broken front door lock, and a laptop plus accessories stolen.
The agent told me that this might increase the premiums and/or make it more difficult to change the insurer in the future.
Since this is our first ever claim, what can we expect here? Just a moderate increase of 10-20% or something or a massive one?

Nasqueron

If you've already talked to the insurer then the premium will go up regardless so you might as well claim.


You can always shop around for home insurance at renewal so long as you're careful to get like for like

EdGasketTheSecond

It shouldn't be too much. You might be able to improve security; e.g. install an alarm, to mitigate any increase

Quentin

You can get an idea of what difference this will make to future premiums now by doing dummy quotes online with and without the claim in your history

The agent who told you that having this in your history will make it difficult to get covered in future was scaremongering.

Again, use a price comparison site and see how many quotes come back with this claim/loss in your history

andre_xs

> You can get an idea of what difference this will make to future premiums now by doing dummy quotes online with and without the claim in your history

Good idea, I haven't thought of that :-)

Michaelw

My advice is always have an alarm box visable,my property was being cased last year at various times of the day.One thing they all had in common was fixed glare on that alarm box.Great to say I haven't seen them since.