What does Sola ensure regarding claims history?

Sola ensures that claims history is not reported, which means that the company does not provide this information to external entities such as credit bureaus or other insurers. This approach can be beneficial for policyholders because not having their claims history reported can protect them from potential negative impacts on their credit scores or future insurance premiums that may arise if claims were disclosed. This policy promotes privacy and assures clients that their past claims will not follow them and influence their insurance status adversely in the future. While claims history typically plays a significant role in evaluating risk and determining premiums in the insurance industry, Sola's strategy emphasizes discretion and confidentiality for its clients.