Falling Icicle

[MEP001]

Never give out your insurance company information to anyone. Try to be the intermediary yourself. Otherwise, your company makes a settlement and it goes on your record, meaning higher premiums later (you lose).

You seem to be assuming that you'll automatically lose. Your insurance company isn't going to just pay out frivolously - if they're worth paying for, they'll look into negligence on your part. They don't want to pay, and they'll look for every reason not to. That's part of what you pay them for.

 

[mjwalsh]

Never give out your insurance company information to anyone. Try to be the intermediary yourself. Otherwise, your company makes a settlement and it goes on your record, meaning higher premiums later (you lose).

Based on experience, depending on the specifics ... I would tend to favor the side of long term caution like Mark Murra suggests. Since this is related ... has anyone increased their deductible amounts both on their specific policy's property & liability amounts in an effort to keep their yearly premium more affordable?

mike walsh http://kingkoin.com/USA_Deficit_Reduction.html