Context:
California – I have an open claim for some moderate collision damage (no other drivers, just hit pole in parking lot, bit too pricey to fix out of pocket).
I have filed a claim and gotten insurance company estimate, but NOT been to a shop yet to get actual quote and begin repairs. Thing is, my policy is set to renew early April. I already see my rates for the next 6 months. It's only increased like $10 a month.
Question:
Do these new rates factor in this current chain that's still "open"?
Is it better to hold on repairs until my new policy takes effect in a few weeks? Like will that lock in this negligible premium increase of only $10?
I'm worried that once I actually get work done and have the claim paid, my rates will then jump. If I can delay that 6mo, I will.
Posted by Ok-Honey6876