Insurance Q&A of the Week: Which Policy Should the Claim be Filed Under?
When an insured has 2 different policies, can he pick and choose where to file a claim in order to pay the lowest deductible?
June 28, 2021 at 06:12 AM
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Our insured’s company vehicle was stolen from a parking ramp while he was out for the evening. Auto was covered by another carrier, as was his business personal property. He also had some personal property in the vehicle that he wants to claim. Our policy is for a secondary/seasonal. He has not turned a claim into his carrier for his primary residence because he has a higher deductible ($2,500 vs $1,000) and it is a higher valued home and he doesn’t want his premium to go up on that policy. We only write the secondary/seasonal. We believe he needs to go to his primary carrier first, but where would we pull the policy language? HO-3.
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