To file a insurance claim or not?

renovation · 11-05-2006, 07:36 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, 06:40 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, 08:52 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, 08:59 PM

Quote:

Originally Posted by guiseppewv

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, 10:36 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.

11-05-2006, 07:36 AM	#1
renovation Admiral Join Date: Jan 2003 Location: You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail Posts: 5,029	To file a insurance claim or not? 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. __________________ You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail Last edited by renovation : 11-05-2006 at 07:41 AM.

11-05-2006, 06:40 PM	#2
Napoleon54 Vice Admiral Join Date: Aug 2001 Location: floating inside of a giant egg made of stars Posts: 4,861	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. __________________ There is all the difference in the world between treating people equally and attempting to make them equal. - Friedrich Hayek

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11-05-2006, 08:52 PM	#3
guiseppewv Admiral Join Date: Nov 2001 Location: East coast Posts: 7,116	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.

11-06-2006, 10:36 AM	#5
Prngr44 Rear Admiral Lower Half Join Date: Feb 2003 Location: St. Louis Posts: 2,620	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.

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