What is the real story

Have you ever wondered how  a claim will affect your insurance rates? Is it the dollar amount or the number of claims? Many people are led to believe that small claims do not affect insurance rates as much as a large claim. Most insurance company rates are determined by the number of claims rather than the dollar amount. For example three $800 claims will affect your rates more than  one $100,000 claim. keep that in mind when deciding whether to turn in a small claim or just pay for it yourself. If you aren't sure ask your agent or give me a call. I would be happy to help you out.