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View Full Version : To file a insurance claim or not?


renovation
11-05-2006, 06:36 AM
I'm not sure if its worth the trouble or my rates going up. I spent about a year trying to repair my hot tub (its in the house). I have $1500 into repairs and looks as do I will be adding to these cost of $500- $600 now for a controller panel. This has been a nightmare. And a friend master electrician said it is due to a power surge.

Here is my feeling/thoughts: I have played around for a year not knowing it was a power surge that started the problem.

Now I call the insurance company are they going to deny the claim? Because I waited so long to file and tried doing it all out of pocket. And no parts-just bills to show them for replacement parts (replaced and trashed old ones).

And will they pay me but raise my premium-and cancel me at renewal time? Anyway, I know it will show up as a claim on my record! So other companies will know I filed one. :(
Napoleon54
11-05-2006, 05:40 PM
Filing claims is what insurance is for! Otherwise, what're you paying them for?

I'm no expert, but I would think that as long as your reciepts show the expenses were from something your policy covers, they should cover it.
guiseppewv
11-05-2006, 07:52 PM
Good luck with that. In my opinion - chances are you are going screwed. If you knew it was a power surge from the start you might have been able to report it but now the insurance company is going to fight you tooth and nail. In a perfect world they would pay for your loss but in reality the chances are they won't. Sorry to be the bearer of bad news. :(
renovation
11-05-2006, 07:59 PM
Good luck with that. In my opinion - chances are you are going screwed. If you knew it was a power surge from the start you might have been able to report it but now the insurance company is going to fight you tooth and nail. In a perfect world they would pay for your loss but in reality the chances are they won't. Sorry to be the bearer of bad news. :(Ya this is my feelings fully-and the worst part is me and the wife are going at it over this problem child. She is so upset and I guess I'm the only one she can vent her anger at!
Prngr44
11-06-2006, 09:36 AM
For that low of a cost I'd probably be inclined to just let it go.

Your deductible is going to be at least $500 anyhow and as picky as the companies are lately, unless it's a major expense (I'd say at least 3 after your deductible is applied) I wouldn't even bother.