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Claims
Insurance claims can be a complicated and stressful process. It involves filing a claim with the insurance company, providing supporting evidence, and waiting for the insurance company to review and approve the claim. The process can vary depending on the insurance type and the claim’s nature. It’s essential to have someone who can understand your insurance policy to ensure you know the coverage and claim process.
When you call your insurance about a hypothetical or possible claim, they must file a 0-dollar claim on your behalf. Not only does this leave a stain on your record, but also on your insurance score. That is why it is essential to have a trusted resource to help navigate the steps you should take.
What is an insurance score? And what effects it negatively?
Claims Activity
Missed Payments
Tickets
Roadside Assistance (usage is filed as a claim)
Low Level of Coverage
Fraud
Material Misrepresentation
Poor Credit
Now that you know what affects your score, you can better equip yourself for the insurance market. If you have any questions or want a trusted source to help guide you through the process, I look forward to being your insurance agent.
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1 Reply
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My homeowners insurance premium increased from $600 to $3,500 per year for 12 years for filing a $20,000 outdoor shed fire which I made a claim. If you file a claim you will be screwed for years to come.