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system
at what point does it become worth it to file an insurance claim?
user
an article linked from cnn.com has some great advice, which i think are good rules of thumb. also, at least my insurance gives a premium price for those who haven't filed a claim in 5 or more years for homeowners or rental insurance. see if you have a similar discount, will loose it, and guess how much that will cost you over 5 years. my rule of thumb: your premium might go up quite a bit, possibly as much as triple, especially for a large claim. but, it is certainly worth it if you are going to get more than triple your premium through your claim. the worst case: mortgage mandated insurance, which will be about triple your current cost.
assistant