Hi everyone,
I’m a new homeowner in California, and we have the home insurance through Aegis. I won’t bore you with the background but a shady/pushy drywall repair company coaxed me into starting a claim for a very small job last month. I backed out of it and canceled the claim but I have been reading that even a “$0” claim can affect the premium in the following year.
Now I’m wondering should I email Aegis preemptively and let them know about it, that starting the claim was quite unintentional, I know it sounds silly. But I just want to avoid the situation where the premium goes up.
Or should I just wait and see what happens? There’s a chance it won’t even go up? What’s my best course of action here?
Thank you! 🙏
Home Owner’s Insurance Potential Impact for Canceled/Unused Claim.
byu/FearlessTrader inInsurance
Posted by FearlessTrader
1 Comment
Unfortunately the claim was opened and it’s going to stay noted. There’s no canceling one, just closing it without pay as a withdrawal – but it will still be noted.
Emailing them won’t do anything unfortunately. You’re at a “sit and wait” point now.
My suggestion to friends is to never open a claim unless you anticipate that it’s well over $10k at minimum (if you have a $1000 or similar deductible) or catastrophic. If you’re not sure at first then get quotes, mitigate damages, document and save everything, and don’t start demo or rebuild without calling insurance if you decide to use it (preferably within 3 days or less of the incident occurring).