A vast majority of insurance claims have an impact on premiums or subsequent renewals. Penalties can last over time, even in the case of a first claim in twenty years. How frustrating!
This is why Intact Insurance offers a product where a claim doesn’t necessarily lead to higher premiums, and it is available for both car and home insurance.
First, let’s have a look at car insurance. For as little as $4 per month, or at no cost when combined with the my Driving Discount™ when you sign up, you benefit from two claims, whether you are at fault or not, for the duration of your contract, which can last either 12 or 24 months.
Next, let’s examine home insurance. With a $1,000 deductible and a 5-year claim-free record, you can make any type of claim for 5 years with the good record protection. This is a particularly advantageous solution, as many insurers require up to 10 years for a similar protection.
For more information about this product, please communicate with your broker or your insurance provider.