Insurance Claim questions

Correct sir!

 

No, lack of a police report will not cause any issues. Not at fault accident can impact your premiums depending upon whether your state's department of insurance allows this. That doesn't mean it will, but it might.

 

The uninsured motorist for property damage thing varies from state to state. In Ohio, for example, it only applies if the other driver is identified and it is confirmed they do not have insurance, so a hit-skip like OP's would not be covered by UMPD in Ohio.

 

Thanks! This is NC (not a no-fault state), in case you have any expertise there. Both insured have perfect driving records and the only claims history is a $2000 comp claim for a water leak that damaged some of the vehicle flooring, two years ago. We get a small discount specifically for a “perfect” record, I assume that will go away but it’s only like $100/year.

 

I don't know if it will affect your rates in NC, but your line of thinking here re: filing a claim vs. paying out of pocket is sound.

 

I totally understand what you are asking. The outcome of filing a claim may be determined by your claims history, geographic location (your companies claims expense in that area), the actual company you have, and state and local laws.
Nobody can give you a guarantee on anything regarding your premiums.

Again, my reply was from actual experience not an “anecdotal” situation. It was a very similar situation and was a reply from experience. She never put any claims in prior and has a clean driving record.

Like I said, weigh the cost to fix vs your deductible. Just a friendly suggestion.

 

Much appreciate the responses.

Anecdotal was the wrong word because it implies unreliability. What I meant was that it’s a single data point with lots of uncommon variables, so doesn’t necessarily apply to my situation.

Deductible is $250 so for me this is a no-brainer.

 

Claim has been paid out, agent said there will be no change to my premium.

 

26yrs adjusting for same Ins comp here

I really really really hope your agent is right

agents sell policies
XXX ins comp prices your policy

here in TX(I’m sure all states)
You call your insurance, your shit going up…..period.
It’s the Covid pricing way nowadays
Sucks

15 years ago, your axx, would not affect rates.
Now different story bc of part prices/labor rate increases/weather events/(my favorite) stolen catalytic converter claims($4k a pop average)
Ugh

plz
I’m not condoning these ins comps prices/actions
It’s freakin BS IMO

I have a 96/01/98
Liab only…..no claims since Harvey in 2017
My premium has gone up over $400 a yr since this country wide price gouging started (could say truthfully WORLD wide)

I’m not in homeowner’s insurance …..
Heard that you cannot but insurance for beach houses in FL anymore

 

I have to correct myself, it was my adjuster not my agent. I don’t have an agent.

My policy has an August renewal so I should see the pricing next month. Will post any difference here.

 

As a blanket statement that is wrong.

Since banks require insurance for a mortgage, the beach real estate market would collapse if there were no one writing. Not all can pay cash and be self insured. And the beach market certainly has not collapsed.

There are specific situations where a carrier won't write until remedies are made.

For sure it is very expensive. But generally available.

 

This is same anecdotal info I hear from friends all across continental US...

 

agreed
(My blanket statement)

Would of been better to state that multiple big carriers do not write policies in FL anymore bc of risk

 

agents don’t know nearly as much as they wish they did.

 

lots of fake news in this thread. if you have real insurance questions, head over here:

https://www.tacomaworld.com/threads/ask-an-insurance-expert-the-insurance-non-bs-thread.620973/

 

I don’t know why I said agent, it’s USAA; I don’t have an agent. It was the adjuster. Who may be equally poorly informed. I’ll know soon.

 

adjusters don’t know either. you’ll know once you get your renewal.

yes, ALL claims even roadside assistance can effect your premium.

 

not all states even offer umpd. i’m licensed in all 50 states and most do not.

 

there are several other ratings factors that can effect the premium, beyond charging for a naf.