Will my insurance premium increase if I file a claim?
People bought different types of insurances like health, car, medical etc to protect their assets including their and their family lives or protect themselves from money crises at the time of need. But does really file a claim if an accident happens or they need money to bear hospital expenses? The answer would be yes, and they should be because they purchased the insurance and paying the money to insurance company for that time. But sadly many people fear to file claim, especially in minor damage and cost because filing a claim can be a major cause on increase on your insurance rate.