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6 things to know before you file a claim

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insurance-claimHave you ever been hesitant to tell your car insurer about minor damage to your car because you were afraid your rate would go up?

The Insurance Information Institute reports that the average expenditure for car insurance has steadily increased each year since 1999. If no other party is involved, you may be tempted to keep quiet about a minor claim.

But why have insurance if you can’t use it when you need it?

“People are often too petrified to file a claim because they think they won’t be able to afford a premium increase,” says Eric Tyson, the author of “Personal Finance for Dummies.” Read the rest of this entry »

Car Insurance Claim Tips

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auto_insurance_claimWe’ve all been there–pulled off on the side of the road, staring at the back bumper with the huge, fresh dent, wondering who’s at fault (them, of course) and if the car insurance company will honor your claim. Filing a car insurance claim doesn’t have to be intimidating, and with these tips, you’ll get the claims process started quickly and easily.