{"id":2857,"date":"2019-09-19T10:00:00","date_gmt":"2019-09-19T15:00:00","guid":{"rendered":"http:\/\/ayala-insurance-service.one.zysites.com\/blog\/when-to-file-a-claim-vs-when-to-cover-out-of-pocket\/"},"modified":"2019-09-19T10:00:00","modified_gmt":"2019-09-19T15:00:00","slug":"when-to-file-a-claim-vs-when-to-cover-out-of-pocket","status":"publish","type":"post","link":"https:\/\/www.ayalainsurance.com\/es\/blog\/when-to-file-a-claim-vs-when-to-cover-out-of-pocket\/","title":{"rendered":"When to File a Claim vs. When to Cover Out of Pocket"},"content":{"rendered":"<p><span id=\"litH1\" style=\"text-align: left;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';font-size: 20px;color: #363636;line-height: 24px;font-weight: 600\">When to File a Claim vs. When to Cover Out of Pocket<\/span><\/p>\n<p>        <span id=\"litContent\" style=\"text-align: left;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';font-size: 14px;color: #808080;line-height: 24px;font-weight: 400\"><\/p>\n<p>People always say that home insurance is \u00abbetter to have and not need than the other way around.\u00bb The trick is figuring out when you need it. Ideally, insurance is a last line of defense. Sometimes, it even makes far more sense to cover the damages yourself without filing a claim.<\/p>\n<p>Here&#8217;s are some things to consider:<\/p>\n<ul>\n<li>Excessive claims can actually result in policy cancellation. Your insurer is here to help, but excessive claim filings can look suspicious. They might prove that you are more of a cost risk than your insurer is able to cover.<\/li>\n<li>When a policy is canceled, that may make it harder to find coverage with another insurer.<\/li>\n<li>Claims filed often result in raised premiums, which is a fair trade off when we&#8217;re talking about major damages, but maybe not for every cracked window and missing shingle.<\/li>\n<\/ul>\n<p>There are always exceptions, but there are a number of instances where you generally want to avoid filing a claim to repair the home\u2019s damages:<\/p>\n<ul>\n<li>The damages may have resulted from poor maintenance. Your policy likely won\u2019t cover these losses in any case.<\/li>\n<li>You&#8217;ve already filed multiple claims in the last decade. If you file claims a lot, that makes you more of a cost risk to the insurer.<\/li>\n<li>The repair costs will be less than your deductible. This is the big one. Insurance is there to save us money, so if it&#8217;s not saving you money, there&#8217;s not much point in filing a claim.<\/li>\n<\/ul>\n<p>And of course, you always want to check your insurance policy before filing a claim to make sure that these particular damages are covered. It&#8217;s worth studying your policy when you have the time anyway so that you can buy extra protection wherever you think you might need it.<\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When to File a Claim vs. When to Cover Out of Pocket People always say that home insurance is \u00abbetter [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":null,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2857","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts\/2857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/comments?post=2857"}],"version-history":[{"count":0,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts\/2857\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/media?parent=2857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/categories?post=2857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/tags?post=2857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}