Hi
When I reversed my car, hit carport pole and get tent and scratches within my car.
I checked couple of Body shops and the cost to repair would be around $2500.00
My auto insurance is next to All state and $1000 as deductible.
I spoke with my agent and he told me to pinch care of this expenses myself to avoid losing appropriate driver discount and all state may increase the excise by 5%
My question is, Should I earnings for it or file a claim?
Appreciate your useful sugestions !..
K
Answers: First... the agent is trying to protect their _commisions_! While I'm sure what they told you is correct, they get better commisions when the policies they write don't own high claims experience.
This is really not deeply difficult to determine... but only you can do it. You're looking at $1500 out of your pocket in a minute to have it repaired. In your financial situation, is this better after loosing a 5% discount (for how long is important) and a possible slight increase? No one else can answer this question for you.
Also, you could consider paying for the repairs out of pocket and maybe only have partial repairs done. Or finding a cheaper way to hold it repaired.
Well figure it out. WHAT is 5% of your CURRENT insurance premium. Compare that expense to the cost of your out of pocket expense of 1500 bucks
When I reversed my car, hit carport pole and get tent and scratches within my car.
I checked couple of Body shops and the cost to repair would be around $2500.00
My auto insurance is next to All state and $1000 as deductible.
I spoke with my agent and he told me to pinch care of this expenses myself to avoid losing appropriate driver discount and all state may increase the excise by 5%
My question is, Should I earnings for it or file a claim?
Appreciate your useful sugestions !..
K
Whose insurance is responsible for the auto...
Answers: First... the agent is trying to protect their _commisions_! While I'm sure what they told you is correct, they get better commisions when the policies they write don't own high claims experience.
This is really not deeply difficult to determine... but only you can do it. You're looking at $1500 out of your pocket in a minute to have it repaired. In your financial situation, is this better after loosing a 5% discount (for how long is important) and a possible slight increase? No one else can answer this question for you.
Also, you could consider paying for the repairs out of pocket and maybe only have partial repairs done. Or finding a cheaper way to hold it repaired.
Well figure it out. WHAT is 5% of your CURRENT insurance premium. Compare that expense to the cost of your out of pocket expense of 1500 bucks
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