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What else can I help you with?
If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?
The deductible at the time of the accident not the time of claim.
Should you pay a high or low property deductible for home insurance?
Depends on your financial situation. If you have plenty of money saved to pay a high deductible, you can get a higher deductible and have lower premiums. If you usually do not have a lot of money in savings, a lower deductible would be better so you would be able to come up with the deductible if a claim has to be filed.
Should you file an auto claim if damages were minor?
If it is under your deductible, I would not. If it was not your fault and you haven't filed any claims in a while, I would go ahead. Usually your rates will not increase if the damage was not your fault.
If you inquired your insurance company about a potential claim could that cause premiums to increase?
No, absolutely NOT. Actually it may! Lets say you called your agent and asked if you should file a claim for a side mirror you accidently broke off. The repair is $200 and well under your $500 deductible. The agent advises you correctly that if you filed a claim you would not get any benefit because it does not exceed your deductible. Here in CA he may be required by law to file an 'Agent Filed Claim'. If the agent is captive (meaning he/she works for one company like Allstate, State Farm, AAA etc as opposed to an independent agent) his fudiciary responsibility is to the insurance company. Failure to do so can actually cost him his license. In this case even though you never filed a claim or received any benefit you will have a claim on the books which could increase your premiums.
Can the other persons insurance cover your deductible?
Yes. That is part of your claim against them. However, if you filed with your insurance company, you gave up your right to pursue them for damages. Generally speaking, your insurance company will pursue the other party's insurance company and if the other company pays, that payme usually includes your deductible.
Can insurance companies find estimates before claim is filed?
It is not likely that an insurance company would be looking for an estimate of damage for an accident if no claim or loss notice has been filed. This is because without a claim or loss notice, then the insurer will generally not be aware that a loss has occurred. It is however common for an insured to get estimates for property damage prior to filing a claim. Minor property damage may often be at or below the insureds deductible and therefore the insured may decide not to file a minor claim based on the obtained estimates.
How Your Deductible Can Reduce the Cost of Car Insurance Idaho?
When most drivers in Idaho think about their auto insurance deductible, they think about it as an expense they pay when they file a claim on their policy. This is, after all, the amount of money that all drivers must pay each time they file a claim on their car insurance Idaho. However, it is possible to save money by making a simple change to your deductible.How Your Deductible WorksThe deductible is the portion of money a driver pays out-of-pocket when he or she files a claim. It is common for drivers in the state of Idaho to have a $500 deductible. A $500 deductible is a mid-range deductible that is affordable for many drivers to pay out of pocket if they need to file a claim. Few people enjoy paying the deductible, but this is an affordable amount that generally won't create a lot of hardship. Some people, however, have opted to have an even lower deductible. It is possible to have a $250 deductible. However, the lower a deductible is, the higher the premium is.Putting Deductible Savings to WorkMany drivers do not consider raising the deductible to $750 or $1,000. This is a much larger sum of money for most people, and it would make filing a claim when necessary a more financially challenging prospect for some. However, depending on your specific insurance rates and insurance company, adjusting a deductible from $500 to $1,000 may save you up to 25 percent or more on the cost of your auto insurance premium. Consider putting the money saved by adjusting your deductible into a savings account for a few months until you have the full amount of the deductible saved. After you have the full amount of the deductible saved, you can then simply enjoy the benefits of paying less money on your car insurance rates.Increasing a deductible to a higher amount can be a scary prospect for some, and this especially true for those who live on a tight budget. However, with the savings you enjoy by increasing the deductible, you can soon save up the full amount of the deductible in a savings account. When a claim is filed after this point, you can simply withdraw the cash you need from your savings account. The fact is that many people go for years without filing a claim, and during this time, you could be saving money on your auto insurance rates. Consider getting a rate quote for a higher deductible today.
Is it better to put in an insurance claim or pay for repairs out of pocket?
This would depend on the circumstances. Obviously you have insurance that you pay for and therefore should expect to have claims paid. That said, sometimes the net impact is such that you might be better off paying for it yourself. Let's say you had a $500 deductible on your auto policy and you had a $400 mirror replacement claim. If you filed a claim you would receive nothing because he amount is under your deductible. Easy call, just pay for it and leave the insurance company out. But what if the claim is $550? Then you should be aware of what the claim may do to good drive or other discounts. Is the net $50 you will be paid after the deductible worth losing a 5% or 10% discount on your total bill? Maybe not. At a minimum you should understand the consequences when you file a claim.
What is a proof of claim filed in an estate?
A proof of claim is filed by a creditor of the decedent. That claim must be paid before any assets are distributed to the heirs. A Proof of Claim is a form that a creditor submits to the court to get paid.
How do you know if you are up to date on 2009 taxes filed?
Filed 2009 State and Federal Taxes but was unable to print them out. How do I know if they were filed?
What is a reasonable percentage rate for recoverable depreciation?
Recoverable depreciation is money that an insurance company holds until it receives that damaged property for which a claim has been filed has been repaired. It is determined by an adjuster, and not usually expressed as a percentage.
What do you do once you filed a claim for unemployment?
After you have filed your claim, the state's investigator will contact the employer to get their version of your application. After that, the state will notify you of the next step in their procedure.
