When should I submit a claim to my insurance for vehicle damage?
Should I submit a claim for damage to my leased vehicle during bad weather? I live in Illinois, was the only one involved, and have full coverage. My deductible is $500 and the cost to repair the damage is $650.
Answer provided by
Answered on Jun 21, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“Whenever you submit a claim to your own insurance for comprehensive insurance or collision insurance, you are responsible for paying the deductible. Once you pay, your insurance will cover the rest.
In this case, your insurance would cover the additional $150 to repair your vehicle, though you’d still be responsible for the $500. You’ll need to decide whether the additional $150 is worth it to you.
If you can easily pay the additional $150 or can wait to repair the damage until you save the money, you should avoid submitting a claim. Your rate could increase and you may end up paying more than $150 in insurance premiums.
If the $150 isn’t possible for you, you’ll want to file a claim to get the car fixed. If your rate does increase, you can always shop around to find a better rate using an online comparison tool like Jerry.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry
Browse by topics
What others are asking
Why is my Florida car insurance so expensive?
We have two cars and two adult drivers, no kids, one accident last year, and the insurance this renewal period is $1,900 for six months. Coverage limits are bodily injury $100,000 per person and $300,000 per accident, and property damage $100,000. Full coverage (loans on both cars) with $500 deductibles.
Apr 29, 2021
Does insurance provide coverage if you hit a pole?
Will my insurance cover the damage to my car? I hit a telephone pole and I didn't call the police since it was just me involved. It didn't look like there was any damage to the pole.
Jun 18, 2021