Quote Originally Posted by Miles_on View Post
Hindi naman siguro, they have actuaries in insurance companies, and hindi naman ganyan ka frequent yung ganyang event for them to consider raising premiums for that. The reason why AOG and other widespread calamities are generally exclusions in the insurance industries is because the latter are considered under what are called collated risks. Sobrang widespread yung loss/devastation that malulugi sobra ang insurance. Yung mga AOG na cover, bale by specific agreement lang talaga with the insurance company, and hence, yung special premium to help distribute the loss.



Ok. Sure, whatever you say...
Standard insurance nag increase this year eh for SUVs dahil daw madami nag claim na mga SUV. [emoji849]


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