Ostiguy & Gendron becomes Covalen.

Frequent claims Insurance solutions for frequent claims

Thierry

Sometimes, bad luck seems to stick.

At Covalen, your claims history doesn't necessarily reflect your level of responsibility or prudence. Faced with refusals or exorbitant premiums, you may feel helpless and frustrated. That's why we're here to offer you a comprehensive approach and solutions tailored to your unique situation.

Our insurance expertise in complex cases enables us to help you regain adequate protection despite the obstacles. Let us guide you to a new level of insurance peace of mind.

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Car policyholders make more than one claim yearly, putting them in the frequent claims category.
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The average premium increases after two claims in less than three years for home insurance.
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The average length of time claims significantly affects your insurance premiums.
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Policyholders with frequent claims need help finding new cover after non-renewal.

Top 5 most frequent insurance claims in Quebec

  1. Water damage : Water damage, including roof leaks, broken pipes, and sewer backups, is Quebec's leading cause of home insurance claims.

    Tip: Inspect your plumbing and roofing regularly to prevent leaks.
  2. Motor vehicle collisions : Road accidents account for many car insurance claims, particularly in urban areas like Montreal and Quebec City.

    Tip: Drive defensively and respect speed limits to reduce the risk of accidents.
  3. Theft and vandalism : Burglaries and acts of vandalism are frequent, both to homes and vehicles.

    Tip: Invest in an alarm system and always lock your doors, even for short absences.
  4. Wind damage : Windstorms can cause significant damage to roofs and exterior structures.

    Tip: Ensure your roof is in good condition, and regularly prune trees near your home.
  5. Fire : Although less frequent, fires often cause considerable damage and large claims.

    Tip: Install smoke detectors on every floor and have a fire escape plan.

Challenges and solutions for insurance with frequent claims

Challenge: Significant premium increases

Insurers often significantly increase premiums for customers with a history of frequent claims.

Covalen solution :

We negotiate with specialized insurers who offer fairer rates based on an overall assessment of your profile, not just the number of claims.

Challenge : Refusal to renew

Some insurers may refuse to renew a policy after several claims.

Covalen solution :

Our network includes insurers who specialize in complex cases. We can help you find suitable new coverage, even after a renewal has been refused.

Challenge : Restrictive conditions

Policies offered may have high exclusions or deductibles.

Covalen solution :

We work to negotiate more favourable terms and explore options such as parametric insurance or customized products that offer better protection.

Challenge : Lack of understanding of circumstances

Traditional insurers may not consider the unique circumstances leading to frequent claims.

Covalen solution :

Our personalized approach lets us explain your situation in detail to insurers, highlighting measures to reduce future risks.

Why choose Covalen despite a history of frequent claims ?

  • Specialized expertise in insurance for high-risk cases
  • Partnerships with insurers specializing in complex situations
  • Solutions tailored to your specific claims history
  • Flexible coverage options and rates tailored to your risk profile
  • Empathetic customer service and proactive management of your file

They've put their trust in us

« My insurer refused to renew my policy after three water damage claims in two years. I was desperate. Covalen not only found me a new home insurance policy, but they also advised me on improvements to prevent future claims. Their personalized approach made all the difference. »
- Marie-Claude T. Laval

Our specialized insurance expertise

Home insurance after multiple claims

Tailored solutions for homeowners with multiple claims, guaranteeing adequate coverage despite a complex history.

Auto insurance for at-risk drivers

Affordable insurance options for drivers with a history of frequent claims are negotiated with our insurance partners.

Commercial coverage for high-risk businesses

Tailor-made solutions for businesses operating in high-risk sectors, providing comprehensive protection tailored to each industry.

Solutions for higher-risk properties

Specialized coverage for properties located in high-risk areas (floods, earthquakes, etc.), offering optimum protection.

Insurance for frequently damaged valuables

Unique insurance policies for high-value assets subject to frequent damage, combining extensive protection with risk prevention.

Your path to the right insurance with Covalen

Find out how Covalen supports you every step of the way, no matter the complexity of your insurance situation.

  1. Assessment of your unique situation
  2. Identification of specific challenges
  3. Development of customized solutions
  4. Implementation of preventive measures
  5. Ongoing monitoring and adjustment

Specific challenges addressed by our insurance solutions

We know the unique obstacles customers face when making frequent claims. Our solutions are designed to address these challenges and offer the protection you need.

Denial of insurance

We find solutions even when other insurers have turned you down due to frequent claims.

Excessive premiums

We negotiate fairer rates based on an overall assessment of your profile, not just your claims history.

Restrictive exclusions

We work to minimize exclusions related to your previous claims and maximize your coverage.

Incomplete coverage

Despite a complex claims history, we aim to offer comprehensive protection tailored to your needs.

Risk management

We advise you on best practices to reduce future risks and improve your long-term insurance profile.

Get an insurance quote with frequent claims

At Covalen, we understand that certain circumstances can lead to a higher frequency of claims. We base our approach on understanding and adaptation. We've optimized our process to offer you tailored coverage in just a few steps, even if you've had several claims recently :

  1. In-depth, non-judgmental assessment : Contact Covalen for a detailed analysis of your situation. Our experts will take the time to understand your claims history and current needs without passing judgment.
  2. Detailed analysis of your claims : Share the details of your recent claims: nature, frequency, circumstances, preventive measures already put in place, etc. The more we know, the better we can tailor our approach for you.
  3. Customized coverage optionsReceive coverage proposals tailored to your risk profile. We'll present several options considering your history while focusing on prevention and future protection.
  4. Expert advice on risk management : Benefit from the expertise of our advisors, who specialize in frequent claims. They'll guide you toward the best possible protection and suggest preventive strategies to reduce future risks.
  5. Choose your peace of mind : Select the solution that best suits your needs. With Covalen, you can rest assured that you're well-protected and supported in your efforts to reduce risk.

Ready to regain control of your insurability?

Don't wait any longer to get the protection you need and deserve.

All about claims frequency insurance

This varies from insurer to insurer, but three or more claims in 3 years can generally be considered frequent.

Depending on your situation, you can consider options such as last-resort insurance or government insurance programs.

Mainly the insurance concerned (car, home, etc.), but it can affect other types of insurance too.

Demonstrate steps taken to reduce future risks, consider a higher deductible, and be prepared to pay higher premiums initially.

You can try, especially if specific claims were beyond your control, but insurers generally have the right to cancel in such cases.

Yes, you can, but you'll probably have to go through insurers who specialize in high risks.

Yes, it's crucial to be honest. Failure to disclose this information could invalidate your new policy.

Yes, some insurers specialize in high-risk cases, including those with a history of frequent claims.

Generally speaking, it can affect your file for 3 to 5 years, or even longer, depending on the insurer.

our premiums will probably be higher, as you'll be considered a high-risk customer.

Need help?

Talk to an expert today

Call us today for a free assessment of your insurance needs and find out how we can give you the peace of mind you deserve. We're here to help.

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Fill out our online form.

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