Household insurance excess cover. To claim or not?

maimee_magic

Hi, one of my bifold doors shattered due to thermal stress. Not sure whether or not to claim on my insurance.  It'll cost about £200 to replace. Got a free £250 excess policy with Go Compare. Just worried that it may push up future home insurance renewals. Any advice greatly received.

sammyjammy

It will no doubt push up future renewals as you will have to declare it, if your excess is £250 and it will cost less than that why would you put in a claim?

DullGreyGuy

You'd need to read what happens to your excess cover if the claim is below the excess amount, with many policies a claim below the excess value isn't covered by the excess insurance either

maimee_magic

Because I've got a policy from Go Compare which refunds my excess.

DullGreyGuy

maimee_magic said:

Because I've got a policy from Go Compare which refunds my excess.

But you won't be paying your excess because the claim is too small so will be declined. 

XRS200

Was this thermal stress or a nickel sulphide inclusion?  If so, insurance may not cover it.

maimee_magic

Thanks for all the information. Think I'll just pay it myself and not go through the insurance.

maimee_magic

XRS200 said:

Was this thermal stress or a nickel sulphide inclusion?  If so, insurance may not cover it.

I've no idea tbh. Just came home and it was shattered on the inside.

DullGreyGuy

maimee_magic said:

XRS200 said:

Was this thermal stress or a nickel sulphide inclusion?  If so, insurance may not cover it.

I've no idea tbh. Just came home and it was shattered on the inside.

Which would be another problem, most Home insurance is written on a Defined Perils basis and so to successfully make a claim you have to prove that Fire, Flood, Subsidence etc are the cause of the damage. If you are lucky Accidental Damage can be so broadly defined to cover "unknown" events but most aren't. Plus you also raise the question of if it's a manufacturing or installation defect, both of which are excluded perils.