May an insurer increase premiums after a claim?
Brief definition: Yes, insurers may increase premiums after a claim, but there are rules. You must be informed in advance and sometimes have the right to cancel. Excessive increases may be contested.
Types of premium increases
- General increase: Applies to all policyholders
- Individual increase: Based on your claims history
- Bonus-malus system: Premium depends on claim-free years
Your rights with premium increases
Notification requirement
- Insurer must inform you in advance
- Usually 30 days before renewal
- Must state reason for increase
Right to cancel
- With significant increase: right to cancel
- Usually within 30 days of notification
- Check your policy conditions
Contesting unreasonable increases
- Compare with market prices
- File complaint with insurer first
- If necessary, go to Kifid
Frequently asked questions about premium increases
How much may the premium increase after a claim?
There is no legal maximum. The increase must be reasonable and may not be disproportionate.
May I be denied coverage after too many claims?
Yes, the insurer may terminate the policy at the end of the contract period if there have been many claims.
What is a no-claim discount?
A discount you receive for claim-free years. After a claim, this discount may decrease.
Where can I get help with premium increases in Utrecht?
A legal advisor can help you contest unreasonable premium increases. Contact us for advice in Utrecht.