To Claim or Not To Claim?

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To Claim or Not To Claim? featured image

An insurance policy serves as a lifeline. Given the amount of stress that a car accident could bring to the table, it makes sense to anticipate troubles that could occur while you are driving. Regardless if you are carrying a commercial vehicle, or a car used to go to work, it makes a huge difference to get car insurance policies fit your needs. By having a website to compare car insurance policies, it is possible to lessen the cost of repairs.

But of course, making a claim can be detrimental to your reputation as a driver. The more claims that you make throughout the year, the more likely that you are going to be labeled as a high-risk client, which ultimately means a higher insurance premium when you renew your policy.

What most people don’t know is that you don’t always have to file for a claim. Yes, there are mishaps that won’t require car insurance companies. But before we start, it is imperative to know a few facts first.


Getting a police report

Getting a police report when you are involved in an accident plays a crucial role in how you can protect yourself. You need to have a police report in order to prevent any legal action by the other party. For instance, if you had an accident, it is a necessity to wait for the police officer since this is your number one defense against lawsuits. For instance, what if the other party suddenly decided to file a case against you? If you have a police report, it is possible to determine whether or not you are at fault or not.

Now that you know the protocol when you get into an accident, it is time that you understand when not to make a claim.


  1. Exclusion in your policy

If your car was damaged by flood, and other natural causes and you don’t have the calamity coverage, it makes sense that you don’t waste your time asking the help of the auto insurance company. To know instances wherein you are not going to be covered by the insurance company is to know every detail about the policy. If you decide to get car insurance policies, it is imperative that you ask a lot of questions, especially about the jargon.


  1. You are the only person involved

For instance, you were the only person who was involved in the accident and the damage was actually so small? Or perhaps, you are at fault, like you were driving drunk? These are instances that you don’t need the help of the car insurance company.


  1. There’s barely damage on your vehicle

If the accident happened and your car was barely scratched, do you still go to the auto insurance company? If you can’t afford to not have a car for a single day, since you are making use of the vehicle for work or for your business, then this particular scenario could apply.

The only reason you make a claim is when there is damage that has a considerable cost. Knowing when to make a claim could make a huge difference in your premium especially in the next years to come.




Author: erwin reyes

Erwin has a combined experience of more than 15 years in the car insurance industry in the Philippines and Australia. Loves cars and enjoys to sourcing out great deals for its clients