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Multiple insurance for same claim.
dutchie
Posts: 87 Forumite
If you have several insurances which cover a claim (eg say I had a mobile stolen and it was covered by my house insurance, my travel insurance and my mobile phone co insurance), can you choose which one to claim on (eg the one with the least excess, or best cover)
I ask because in the past when I had to claim they always asked if the claim was covered by any other insurance, and I wondered what happened if you where.
Cheers,
Dutchie
I ask because in the past when I had to claim they always asked if the claim was covered by any other insurance, and I wondered what happened if you where.
Cheers,
Dutchie
0
Comments
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You can but be aware that if they know duplicate cover exists, they can reclaim part of the claim from the other insurer.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Yes, as DD says. In theory they are jointly liable for the claim and should divi it up in proportion to their share of the risk.
I'm not sure how it would work if the excesses were different though.0
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