How does an auto insurance claim affect your policy?

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PostPosted: Thu Jul 12, 2012 11:24 pm   Post subject:   

No one here can answer your question.



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MaxHerr
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PostPosted: Sat Aug 25, 2012 3:50 pm   Post subject: Claims increases  

I live in NYC and my car is too often damaged while parked. I have filed three cliams already this year for parking damage. Two were slightly under the 500.00 deductible (around 400.00). The other well above and GEICO paid me 1000.00 after the deductible. I lowered the deductible to 250.00 a few months back and got rammed again (an SUV no doubt) near the grill of my BMW 325i (a low front end). I could get the damage paid for (estimate might be 600.00) Should I file a claim or just pay the 250 myself? ( I know a good cheap autobody shop in Yonkers).

How many claims are too many?

How far back do insurance companies go back to raise your premiums.

Does it matter if they don't make a payout on a claim?

Could they reject my car as in a too risky place (NYC)?



Thanks for any insight you could provide.


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PostPosted: Sat Aug 25, 2012 7:44 pm   Post subject:   

Quote:
How many claims are too many?


Your insurance company will let you know.



My question is this: If your deductible was $500, why would you make a claim for any lower amount of money? You are on the hook for all amounts below the deductible.



Quote:
I could get the damage paid for (estimate might be 600.00) Should I file a claim or just pay the 250 myself? ( I know a good cheap autobody shop in Yonkers).


What does this mean? That with insurance the cost of the damage is $600, or without insurance it is $250? If that's true, then the "cheap autobody shop in Yonkers" is committing insurance fraud, and should be investigated by the state Superintendent of Insurance.



Quote:
Does it matter if they don't make a payout on a claim?


No, it doesn't matter. Your premiums are a reflection of your risk exposure, not your claims payments (or non-payments).



Quote:
Could they reject my car as in a too risky place


Of course.


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MaxHerr
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PostPosted: Thu Feb 21, 2013 3:20 pm   Post subject: other person now claims body injury when was ok at seen acci  

i got in a slight accident a week ago. everybody ok at seen. no tickets issues. because we both at fault. now man trying bring up a claim of body injuryies he was fine laguhing and jokes at seen after accident. what do i need to do? my insrance company slow resonpeing i just dont know what to do. QuestionQuestion


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PostPosted: Fri Feb 22, 2013 12:35 am   Post subject:   

Quote:
what do i need to do? my insrance company slow resonpeing i just dont know what to do


First, see my sig.



You need to allow your carrier to address the claim.


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