Ignoring Property Damage can be a Costly Mistake: The Importance of Filing an Insurance Claim Promptly

If you break your arm, will you go to the doctor?

When your brakes go out in your car, are you taking it to the mechanic?

If you get property damage, are you filing a claim? If your answer is no, you are making a big mistake.

While avoiding the hassle of filing an insurance claim promptly may seem tempting, ignoring damage to your property can have far-reaching consequences. Delaying action can lead to significant problems down the road, impacting both your finances and your safety.

Delay and watch the money blow away.

The longer you delay addressing the issue, the greater the financial risk becomes. Minor damage can quickly escalate into major repairs, which can be much costlier than if you had filed a claim and addressed the problem promptly. Taking immediate action may prompt your insurance to cover the necessary repairs, potentially saving you money in the long run.

Do you value your safety?

Ignoring damage can also compromise your safety. Structural damage, even if initially minor, can weaken over time and pose serious hazards. Ensuring that all damage is promptly and properly repaired helps maintain the integrity and safety of your property. 

The Clock is Ticking

Insurance policies typically have time limits for filing a claim after the date of loss. Delaying action can jeopardize your eligibility for coverage when you need it most. If you miss the filing window, you may be left to cover the full cost of repairs out of pocket, which can be financially devastating. To learn more about what you’ll need to file a claim, read our blog— Guide to Filing a Claim: The Essentials.

We See Risks in Your Future.

Taking action now will assist in facilitating the necessary support and documentation to mitigate future risks later. Filing an insurance claim promptly allows you to document the damage accurately and comprehensively, which is crucial for future claims or issues.

While it might seem easier to ignore the damage, the potential consequences of delaying a claim are too significant to overlook. Timely filing of a claim helps to ensure that you receive the support and protection offered in your insurance policy and encourages the safeguarding of your property, finances, and safety. Don’t wait until it’s too late—take action now and protect your peace of mind.