If you own a vehicle, there are a lot of risks associated with it. Your auto insurance policy will cover the risks but sometimes, you should avoid filing a claim.

It is normal if you contact your insurance provider to file a claim if you are involved in an accident. However, you should examine your situation carefully before filing one.

Here are some situations when you will not be benefitted if you file an auto insurance claim.

• Your deductible is higher than your damages - Deductible is the amount that you need to pay before your insurance policy kicks in. If you have a minor accident and you haven’t damaged anyone’s property and your repair costs are low, then you should handle this yourself instead of filing a claim.

• You accidentally damaged your vehicle - If you accidentally damaged your vehicle and no one was hurt, then you don’t need to file a claim with your insurance company. Most likely, you will not be reimbursed and it will also increase your premium.

These were some examples when you don’t need to file a claim as the damages caused were minimal. Instead, you should save your claim for cases where you cause serious damage to someone or your car suffers serious damage due to someone else’s mistake.

If you have any questions about auto insurance claims, contact the team at John E. Peakes Insurance Agency, and we will assist you and ensure that you are protected in every scenario.