Insurance policies vary from company to company and can be confusing to the average customer. Hatfield Toyota wants to make sure that you consider all circumstances and effects before filing a claim with your insurance company.
Procedures and protocol vary from company to company but in general, the effects of claims on rates are consistent across the board. It can almost be guaranteed that regardless of your carrier, if an accident was caused by your negligence or if you’ve filed several claims over a short period you can expect an increase in your rates.
It goes without saying that if you are involved in an accident with another party, there is simply no way to avoid the filing of a claim. This is a necessity for both their protection as well as your own. However, if you are in a collision that involves only your vehicle, such as hitting a deer, and you don’t sustain any injuries or damage any property, you may want to consider the situation before immediately filing a claim. Particular thought should be given to this especially if you have had a recent accident or your driving record has multiple violations. You should also keep your deductible in mind as you ponder this decision. Clearly, if you have a deductible that is higher than the cost to repair your vehicle, it is certainly not worth the filing of a claim.
These factors, combined with your ability to pay for the repairs required to your vehicle out of pocket should highlight whether filing a claim is something that is beneficial.
The best way to avoid an increase in rates due to a claim is to make sure your driving record is clean and if an claim is necessary, inquire if your company offers a first time accident pass or forgiveness. This clause can protect you from a premium increase following a first time claim as a result of an accident.
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