MONDAY, APRIL 29, 2013
If you want to be sure that you are always paying the lowest rate that you possibly can for your auto insurance rates, you first need to determine what you should and should not claim on your insurance policy. There are some people who think that every ding needs to be claimed on their insurance. However, this may not be the smartest move - every claim you make to the insurance company counts against you in the long run. The more issues you claim, the higher your annual premiums will be. There are certain things that should definitely be claimed on your insurance, while others you should just pay to have repaired out of your own pocket. Below you will learn the difference between the two.
What Should Be Claimed to Your Insurance Company?
If you are involved in a serious accident that was your fault and will cost thousands to have your car repaired, you should claim it on your insurance policy. If a tree falls on your car and it is smashed to bits, you should make a claim. If a tornado scoops up your car and it is thrown miles away, it is claimable. If someone steals your car and drives it into a river, you should claim it. Extreme and damaging incidents should be claimed on your insurance policy. When making these decisions, it is important to consider if it will cost you more to repair the damage or to make the claim. If the repairs cost only a few dollars more than your deductible, it is far more beneficial for you to simply pay for the repairs out of pocket than make a claim with your insurance company.
What Should Not Be Claimed to Your Insurance Company?
If you are driving down the road and a rock hits your windshield, you should pay to have your windshield replaced or repaired out of your own pocket. There are some companies who will claim that they can make a claim to your insurance company to allow you to avoid paying anything out of pocket, but this is never a good idea. If a shopping cart dings your door, you should pay to have the ding removed on your own. If you scratch your car with your key, you should not claim it on your insurance policy. If you back into a pole which leaves a small dent in the bumper, you should not claim it on your insurance policy. If you get a flat tire, you should not call your insurance company. Even though these are damages to your car, the repairs will cost far less than the increase in insurance premiums that will be felt if you claim them on your insurance.
Think long and hard before making any claim. Your rates can go through the roof if you claim trivial things on your insurance. If you know that you can afford to have the repairs made and it will not affect your ability to live, you may want to consider paying for them out of pocket.
Give Pro Player Insurance Group a call at 855-367-7744 to learn more about which incidents are beneficial for you to claim on your Fort Lauderdale Auto Insurance, and which are not. We look forward to serving you and helping you make the wisest decisions with your auto insurance.
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