How do you know whether or not to file a claim on your insurance policy?  When should I turn in a claim and have the expense to repair or replaced covered by my policy and when should I pay the cost out of pocket to avoid having to pay a deductible and having an insurance claim on my record?  This is a lot harder question than most people realized!

Did you know that every time you file a claim, it goes on your record?  Each claim can have an effect on not only the cost of your insurance in the future, but – in some cases – on your eligibility.  Nearly every week in Bellbrook, Ohio we receive a call from someone who is insured by one of our competitors who is being canceled due to excessive number of claims.  This is especially trued related to home owners’ claims.

A good personal agent will advise you as to when it is prudent to file a claim and when it is not.  If you’re not sure about your particular situation, give us a call at 937-848-6840 so we can provide you with the good, quality advice you deserve!

Source:
TO CLAIM…OR NOT TO CLAIM – THAT IS THE QUETION

Published by Greg Davis

Greg Davis of The Greg Davis Agency will protect what you treasure by making certain you are properly insured in the event of an unexpected calamity.  They will help you prepare for the future with various savings and retirement plans.  And they will work diligently with you to preserve a lasting legacy by making sure that what you are building today will continue to be there tomorrow for those you love. Greg can be reached at www.gregdavisinsurance.com