Posted On: March 20, 2006, 2:49 pm CST

Posted By: insguy

Responding to "indemnity". There is a big difference between leaving you iron. The difference is that with the iron the simply made a mistake. The problem with the car keys is different because the majority of people that do that do it intentionally and habitually. I have been an underwriter or almost twenty years now and actually started asking if they were worried about their car getting stolen. The most common answer was that they don't care; they need a new car anyways. This is clearly an attitude about insurance situation and not an issue of forgetfulness. Also, for the most the "penalty" is not built into the rate for insured like an accident or ticket is. The vast majority of insurer's do not (and cannot in most states) rate for comp claims. This is why I choose to nonrenew policies like this when the come across my desk. If it a know problem and I cannot rate for I am not keeping the policy.