Insurance Rate Doubled after Accident--Help!!
I currently have my RV insured with National General. In january 2014 I backed into a parked car and busted his headlight along with some other minor damage. I had very little damage. I contacted Nat...
Forum Discussion
GlennLever wrote:
Not sure shopping around will help, but you SHOULD do it.
Insurance companies have colluded and created what they call CUE The Claims and Underwriting Exchange (CUE)data base. They say it is managed by not-for-profit company Insurance Database Services Limited (IDSL) on behalf of its member organizations, but is used to justify rate increases based on claims (who do you think profits from that)
Any company you try and get a quote fr6om will reference this data base. Some insurance companies are more fair about what they find then others.
I currently have my deductibles high and pay any claims out of pocket.
That may or may not help because CUE actually tracks calls you make to your insurance company and will use that against you also.
Actually it's CLUE. Claims Loss Underwriting Exchange. And that is exactly what they do is track and share loss information, like a credit report is used in lending money.
