If I Make A Claim Will My Insurance Premium Be Raised

https://www.miway.co.za/home-insurance | Stuart Brown, MiWay’s Regulatory Competence Specialist, answers a common question that many people who are considering investing in household insurance will ask: “If I make a claim, will my insurance premium be raised?”. The answer, in short, is yes. Once you make a claim, your risk profile immediately increases which, in turn, will lead to your premium increasing on the anniversary of your policy. Be sure to watch the video for more detailed information.