Jim.Allison
Well-known member
They do not raise your rate on a comprehensive claim and I had no deductible possibly because it was the collision portion of my insurance for an accident that was not my fault.
But the question beckons; why do you pay for insurance if you dont use it? That does not sound like a financially sound decision to forgo the legitimate damage to your rig because you have to pay for part of the damage ($500) and the insurance company pays for the rest. Paying for insurance and not collecting when you have been damaged makes for some expensive insurance. Don't buy insurance if you don't intend to use it. That is what it is there for. If they do raise your rate, then its time to go shopping for insurance.
In my state they only raise rates for LIABILITY claims, not comprehensive claims. Get to know your insurance company and your contract. You will be much better off. Since only liability is regulated, I would be willing to bet that your comprehensive coverage is the same as mine.
But if you want to take a run at TowMax and Heartland go ahead. Advice is worth what you pay for it!!!! In this case nothing!!!!! I personally would file the claim an appeal any declination.
I personally would not leave $2000 on the table because I feared a rate increase or did not want to pay for $500 portion. That just does not make financial sense to me.
But the question beckons; why do you pay for insurance if you dont use it? That does not sound like a financially sound decision to forgo the legitimate damage to your rig because you have to pay for part of the damage ($500) and the insurance company pays for the rest. Paying for insurance and not collecting when you have been damaged makes for some expensive insurance. Don't buy insurance if you don't intend to use it. That is what it is there for. If they do raise your rate, then its time to go shopping for insurance.
In my state they only raise rates for LIABILITY claims, not comprehensive claims. Get to know your insurance company and your contract. You will be much better off. Since only liability is regulated, I would be willing to bet that your comprehensive coverage is the same as mine.
But if you want to take a run at TowMax and Heartland go ahead. Advice is worth what you pay for it!!!! In this case nothing!!!!! I personally would file the claim an appeal any declination.
I personally would not leave $2000 on the table because I feared a rate increase or did not want to pay for $500 portion. That just does not make financial sense to me.
Why should i use my insurance to cover there problem , if i make a clame it will cost me $500 deductable and three years of incresed payments , sorry but Some needs to pick up the tab and its not me , Please tell me why money came over our safety , I am a Forman at a large shop and we repair trucks and equipment SAFETY is always #1