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It is not worth it. Once you file a claim, your insurance premiums will increase for a couple of years. You should talk to your agent to see how long premiums will increase for and how much your increase will be. I would not file an insurance claim to get back $300. If it was over $1000, it might be worth it.

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โˆ™ 2006-04-02 16:57:38
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Q: Is it worth filing a claim if the total bill is only 300 above your deductible?
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What does it mean when the insurance company makes full payment minus patient deductible?

Patient deductible means the expenses incurred by the patient party are inadmissble as per policy and hence deducted from the total claim amount at the time of settlement of claim. These may include room rent over and above the admissible rent, service tax, aya charges,refreshment to patients' attendants etc.

What is gross claim and net claim?

I would guess that your gross claim is the total amount of damages done and your net claim is the damages less your deductible. The gross claim may also include the cost of adjusting the claim, like sending someone out to appraise your damages. The extra costs aren't held against you, only the total damages.

Do you have enough deductible expenses to make itemizing worthwhile?

When filing your taxes, you can take the standard deduction or check to see if you have enough deductible expenses to make itemizing worthwhile. In many cases, itemizing is the best option. To see if you have enough expenses, total them and compare them to the standard deduction.

Can you claim your spouse as a dependent on your tax return?

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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 the timely filing limit of healthnet?

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What do you do if your previous employer won't pay you?

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How is deductible met?

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Auto insurer refuses to pay full amount of at fault accident?

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Are you responsible for the deductible on the insurance of the car you hit if you do not have insurance?

If you were legally at fault, you are responsible to pay all damages to other vehicle. Even if you pay the other persons deductible, that insurance co. will come after you for total amount. The person that you gave the money to for their deductible will then have to give some of that back to insurance co., if they find out that deductible was given to him (her) by you.

Does any hospital take any insurance?

No. If the hospital has a contract with the insurance company, they will take care of filing the claim. If not, they will bill you and you will have to get reimbursement from the insurance company. Also, if it is a contracting provider, they have agreed to a total amount to be charged for various procedures and if the bill exceeds that amount they will write off the remainder. If they are not contracting, the insurance will still pay only the amount they think is a fair charge, less your deductible or copay, and if the hospital bill is more, you are responsible for paying the rest.

Is a deductible due when the auto is considered a total loss?

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Can you get a tax deduction for the losses on a traditional IRA if you are not receiving distributions yet?

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If deductible being deducted from settlement value why do they still deduct salvage value?

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How many exemptions can Diana and Henri claim on their joint return?

Married filing jointly one exemption for each taxpayer that is listed on the 1040 federal tax return would mean a total of 2 exemptions. 1 plus 1 equal 2.

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What is the total cost to bring your fiance to the US?

As a US citizen you can apply for fiance(e)'s K-1 visa by filing Form I-129F. The filing fee is $340.

Miguel has 500 deductible on his comprehensive insurance policy If his car repairs total 1780.75 what amount will the insurance company pay?


Do you have to pay taxes on social security if your husband works?

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What does it mean to you if your area has been deemed a 'national catastrophe area' in terms of a claim for wind damage?

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