To claim or not to claim?
June 8, 2007 7:44 AM Subscribe
I am facing an expensive car repair ($1500+) due to flooding damage in a recent rainstorm. The driver side floor and driver side door panel were filled with about 3" of water, ruining some of the electronics. Should I file a claim or pay out of pocket?
I have a clean driving record and good insurance rating with USAA. My comprehensive deductible is $500. The car is a 1999 Volkswagen Passat.
I'm trying to balance the risk of my premium going up vs. the out of pocket expense. Is there a rule of thumb that would tell me whether or not filing a claim is worth while? Do I risk anything by calling my insurer and asking the question? The phone reps ask for your member number up front so I'm not sure if they will talk to me anonymously.