Does claiming windshield affect premium?
Understanding how insurance premiums are affected by claims is crucial for any policyholder. One common query among car insurance holders is whether making a windshield claim will impact their premiums. In this article, we will delve into this topic and provide insights into how windshield claims can affect your insurance premium.
What is a windshield claim?
A windshield claim refers to a situation where the windshield of a vehicle is damaged, typically due to a road hazard or vandalism. When this happens, the policyholder can file a claim with their insurance company to repair or replace the windshield. Depending on the policy and the extent of the damage, the insurance company may cover the cost of the repair or replacement.
Impact on insurance premiums
The impact of a windshield claim on insurance premiums can vary based on several factors:
1. No-fault insurance: In no-fault insurance states, the policyholder’s premiums may not be affected by a windshield claim. This is because no-fault insurance policies require insurance companies to pay for damages regardless of who caused the accident.
2. At-fault insurance: In at-fault insurance states, making a windshield claim may or may not affect your premiums. If the damage is due to an accident caused by the policyholder, it may lead to an increase in premiums. However, if the damage is due to a non-collision event, such as vandalism or a road hazard, the claim may not affect the premiums.
3. Policy limits: The amount of coverage you have under your policy can also impact premiums. If you have comprehensive coverage, which includes protection against non-collision events like windshield damage, the claim may not affect your premiums.
4. Insurance company’s underwriting guidelines: Different insurance companies have varying underwriting guidelines. Some may consider a windshield claim as a minor event and may not increase premiums, while others may view it as a sign of risk and raise premiums.
How to minimize the impact on premiums
If you are concerned about the potential impact of a windshield claim on your insurance premiums, consider the following tips:
1. Review your policy: Understand the coverage and exclusions in your policy to determine how windshield claims are handled.
2. Maintain a good driving record: A clean driving record can help keep your premiums low, regardless of any claims.
3. Compare insurance quotes: Shop around for insurance quotes to find the best rates and coverage for your needs.
4. Consider a higher deductible: By choosing a higher deductible, you can lower your monthly premiums but be prepared to pay more out of pocket when filing a claim.
In conclusion, whether a windshield claim affects your insurance premium depends on various factors, including the type of insurance you have, the cause of the damage, and your insurance company’s underwriting guidelines. Understanding these factors can help you make informed decisions about your insurance coverage and minimize the impact of claims on your premiums.
