When to File an Insurance Claim

Here are some great tips if you've ever had questions about whether or not to file a claim.

For your convenience, I summarized the important points from a recent article in The Atlanta Journal Constitution. If you would like to read the entire article, please click here. Why you should try err against filing a lot of small claims

Expert J. Robert Hunter, director of insurance at the Consumer Federation of America and former Texas insurance commissioner and a former federal insurance administrator says, "What you really want is something to protect you against a big claim. You don't want to file a bunch of little claims that put you at risk for your insurer dropping you to where you don't have protection for the big claim or it becomes costly for you to have coverage."

How to avoid filing small claims 

• Keep your property well maintained, for example, by investing in maintenance contracts, to help prevent damages that lead to claims.
• Weigh your out-of-pocket costs versus the chance of higher premiums.
• Likewise, consider taking out a higher deductible, which can lower premiums.

What will likely raise your premiums?

A one-time accident, especially an "act-of-god" will likely not raise your premiums, however, a claim which could potentially reoccur has a higher risk of raising your premiums.

Before you file a claim, please call me so that we can discuss your particular situation. Feel free to share this article with friends and associates. 

If you haven't reviewed your insurance policy in several years, please contact me so I can show you how to reduce your premium. I've helped hundreds of clients over the years save money on their insurance and I will do the same for you.

Jay Zandman Manning & Nozick Insurance Agency 53 Perimeter Center  Suite 120 Atlanta, GA  30346 800-211-0468 ext 117 770-393-8302 fax jayz@manning-nozick.com