[edirtaynine]

Originally Posted by John 070

That's the irony of it. Take homeowner's for example, your hot water heater bursts, damages the floor, you file a claim, after your $500 deductible you get a check for $700. Next year, you're dropped or your rate goes up 18% (lose your claim free discount). In a mere 3 years, your $700 benefit is negated by increased premiums. imho the reason for the insurance is when you suffer a catastrophe, it can cost 500k to rebuild your home. That's when you take your 499,500 claim payment and could care less about being dropped or rates going up.

The OP's story already sounds "interesting" to an insurance co.

pretty much.