When not to file a Car Insurance Claim. It is customary that you might want to file a claim after an incident has occurred that is covered by your insurance policy. But in this article today, I am going to tell you that it is not all the time that you need to file an insurance claim.
If you have auto or car insurance, there are certain times when you do not need to file a claim if you have an accident. Therefore, for today we are looking at when not to file a car insurance claim.
When not to file a Car Insurance Claim
You just got out of an accident and you are thinking of filing an insurance claim to cover the damages. Before picking up the phone and calling the company, you need to read this article. Wait, do not file your claim yet. Simply read this article to the end and if you still want to file your insurance claim, then go ahead.
Should I file a Car Insurance Claim?
After getting involved in an accident, it is customary to want to file a car insurance claim if there was damage that occurred during the accident. The only problem is that it is not necessarily every time that you need to file a car insurance claim. This means that sometimes you do not need to file a car insurance claim, so you should not.
Now that you know that it is not all the time you find your insurance claim for a car, the only question is when should you not file a car insurance claim? That question is going to be answered below in this article because you have come to the right place. You are the first to ask this question, and you will never be the first to ask it again.
When not to File a Car Insurance Claim
If you want to know where to not find an auto insurance claim, you have come to the right place. I have listed some of the five situations where you do not need to find an auto or a car insurance claim. So, if any of the following situations apply to you, there is no need to file a car insurance claim.
When you have only minor damage to your vehicle.
This first one is self-explanatory, just like all the other reasons we have listed in this article to not file a car insurance claim. Obviously, if you have minor damage to your car after an accident, you definitely do not need to disturb yourself or the insurance company by filing a claim. An insurance claim always takes time in respect of the damage that was done to the vehicle. Therefore, do not file an insurance claim if the damage is minimal.
When your claim is less than the deductible,
If you have an insurance policy, you definitely know what a deductible is. So if your claim amount is less than your dad’s usable, it means it is a minor accident and you should not file a claim. For instance, if your insurance deductible is $1000 and the damage that occurred is less than that, do not bother filing a claim. Because you would be the one that ends up having a loss because the money to fix the damage is lower than the deductible.
When an increase in your insurance rates costs more than the claim
Before filing a claim, make sure to get an honest opinion from your insurance company after they have assessed the damage that has been done to the vehicle. After assessing the damage, you should ask them if it will cost your premium rates to be increased. Also, ask them how much it is going to be increased. So you should not file your claim if it is going to be significantly more than the claim.
When both parties agreed to settle the minor fender-bender accident privately,
If you get into an accident with someone else’s car and the damage is minimal, there is no need to contact your insurance company. You should reach an agreement with the other driver to settle the damages from your pocket if they agree. Therefore, if the other driver agrees for you to settle the damages out of your pocket, simply go ahead and do so.
When your car is old and you do not care about its looks,
When you have an old car and you do not care about how the car looks on the road, you definitely should not file a claim. Old cars can have quite a sentimental value for people. It does not mean that you should file a claim if you do not care how it looks, whether damaged or not. Therefore, you can overlook filing an insurance claim for an old car.
Frequently Asked Questions
Does filing a claim increase a car insurance premium?
Before filing your claim, you should definitely contact your insurance company to know if it is going to increase your car insurance premium rates. This is after they have completely assessed the amount of damage done to your car. If the answer is yes, you might not want to file the claim.
How do you file a claim if it’s your fault?
Irrespective of whether the accident is a result of your recklessness or not, you should definitely file an insurance claim if the damage is severe or if there is a personal injury. But if there is minimum damage and nobody was injured, don’t file a claim.
Should i file an insurance claim for bumper damage?
On this blog, we have a dedicated article on whether or not you need to file an insurance claim for bumper damage. Follow the link to get full details on filing an insurance claim for bumper damage. However, it depends on whether or not the bumper damage is maximum or minimum.
What is a car insurance claim?
Car insurance claims he simply requesting that your insurance company provide you with money to repair damages done to your car after an accident. It doesn’t matter who is at fault for the accident you can ask your insurance company to pay for the damages because you have an insurance policy.