Previous years claims. changed goalposts again!

minislim

has anyone else noticed that comparison websites and some insurers have yet again changed the goalposts again on claims history.
so two years ago they asked for history for the last 3 years.
then last year it was 4 years.
now its 5 years!

so year on year i think its going to be scrubbed off and i still have to declare it! :mad:

Aretnap

Different insurers have always asked for different amounts of claims history - from memory Direct Line, Admiral and Hastings ask for 3. 5 has always been more usual.

Most price comparison sites will ask for 5 years as at least some of the insurers on their panel will want 5 years. The insurers who don't normally ask for that long won't do anything with the data they get on older claims. However if you really don't want to mention it at all try going direct to the websites of the insurers I mentioned (you will have to go direct to DL in any event as they're not on comparison sites)

paddyandstumpy

Assuming this is home or car insurance; most markets (insurers, brokers, comparison websites) ask about claims history for 5 years.

Any markets that didn't would be invariably selected against and pick up clients with claims in year years 4 + 5 history.

These clients have a higher propensity to claim, and would be getting artificially cheap premiums for the risk they presented on the basis they weren't having the claims taken into consideration via this market vs elsewhere.

Insurers would then lose money on this profile of client from that market, and pressure the broker/aggregator to amend the question set so they would fall in line with others.