We are paying about €2000 p/a for insurance for a development of <5 apartments.
Currently, we have a dampness issue that will cost about €2500 to repair.
Is it worth claiming for something of this cost, in terms of its effect on our premium, or should we pay it ourselves?
Does a claim affect our ability to shop around when our premium next comes due? Would it affect the premium levied by a new insurer?
Anything else we should be taking into consideration?
Thanks in advance.
D.
Currently, we have a dampness issue that will cost about €2500 to repair.
Is it worth claiming for something of this cost, in terms of its effect on our premium, or should we pay it ourselves?
Does a claim affect our ability to shop around when our premium next comes due? Would it affect the premium levied by a new insurer?
Anything else we should be taking into consideration?
Thanks in advance.
D.