Wondering if you should pick up the phone and call Midwest Professional Insurance to file a claim on your condo in Fairway, KS? Here’s how you can tell whether it’s worth it to make a claim:
- Do the losses exceed the deductible? That is, do the losses exceed the deductible to the point that it’s worth the bump in your rates? If you’ve lost several thousand dollars in belongings, then certainly, there’s no reason not to make a claim. But if you didn’t lose anything besides a hundred-dollar microwave, it might not be worth it.
- Have you made a claim recently? Home and condo insurance providers generally don’t expect to see any individual policyholder making a claim more than once every fifteen to twenty years or so. Making too many claims can leave a mark on your record that follows you from insurer to insurer. Making several in just a few years can even have your provider dropping your coverage.
- Can you replace the items out of pocket? If you can comfortably cover the damages out of pocket, that might be the best way to go.
Insurance is essentially there to help us when a problem is too big to handle it ourselves. You don’t want to find yourself uncovered after a fire because you made five claims in one year over minor issues.
If you have any questions or you’re looking to get covered in Fairway, KS, get in touch with Midwest Professional Insurance and see what we can do for you. We’re here to provide condo owners with good policies at a great price.