Still false. A recovered loss is still a loss as far as loss history is recorded and can be harmful to how you are rated. I’m sorry to break it to you bud but while all carriers have different underwriting and rating practices, this blanket opinion you have is very very wrong.OP's premiums will NOT go up as long as his/her insurer can recover the damages. And if they can't recover the full amount, the delta shows up as underinsured coverage as part of OP's insurance; that too, will NOT increase OP's rates.
May I politely ask that you remove your 'Disagree'?
As the author of this post has noted he is dealing directly with the at fault parties insurance company who is handling the claim, as he should be doing. inserting your own insurance company in this circumstance is ill-advised.
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