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? asked in Business & FinanceInsurance · 2 months ago

Is it worth filing claim with our homeowners insurance?

Someone got injured at our house. They’re not suing but would like for us to pay their medical expenses. If it’s not too much, is it worth filing a claim with my homeowners insurance to pay for it, or should I just pay out of pocket? I’m wondering if there are any consequences, like increase in premium etc. 

8 Answers

  • Boots
    Lv 7
    1 month ago

    Most homeowners policies have a coverage called Medical Payments. It pays for injuries' that occur to visitors at your home up to the coverage limit. Most policies usually have limits of $1000 or $5000.  This coverage applies even when you are not negligent. 

    If you were negligent (meaning your action or lack of action caused her injury) then your liability coverage would apply. 

    Neither of these coverages have a deductible. 

    As for how it would affect your premium, none of us can say. You've not provided details of how the injury happened. And even if you had provided that, we don't know what your company will or won't do.

    Your best bet would be to speak to your agent. 

    They can't tell you 100% what would happen with your rates but may be able to give you an idea. They can provide better information that a bunch of folks on the internet with no details of the loss or carrier can. 

    Source(s): I'm and insurance adjuster
  • ?
    Lv 4
    1 month ago

    Never seen a Homeowners policy with a deductible on liability coverage or one that raises the premium due to claims.  If yours does either it is time to change companies.

    Answers that so state are based on experience with auto insurance contracts.

    You do need to report the claim to your Homeowners insurance company, and promptly.  You are paying for the protection of their contract and their claim handling expertise. 

    Source(s): 35 years in the Property/Liability insurance business.
  • TedEx
    Lv 7
    1 month ago

    DO notify your insurance co.  Too often "it is not too much"" turns into"" I need back surgery, I can't go back to work for a year,etc"??Then you are screwed.

  • JJ
    Lv 5
    1 month ago

    Be careful paying for this out of pocket. If you start paying for this then it gets very expensive you may be too late to turn it in to your insurance company. Most have requirements to get notified right away. If you are confident in your friend only wanting a small payment then best of luck.

    Also, just because they were injured on your property does not always mean it is your fault. If you were playing ball and they missed it and took it to the face, that is not your fault. If they tripped down normal stairs, also not your fault. 

    It comes down to whether or not you failed in your duty of care. Was something dangerous that you did not repair or failed to tell them about, then you would be liable. If it was just something that happened and they were a willing participant then you are likely not liable. 

    Talk to your insurance agent to figure this out. Many a friendship has dissolved over money.

    Good luck!

    Source(s): 25+ years in insurance
  • 1 month ago

    It really depends on what your deductible is the end of the day. If the amount we are talking about is less than the deductible or around the deductible amount (if there is concerns about premiums going up), it makes more sense to pay for it yourself. 

  • 1 month ago

    There could be an increase in premiums.  However, how much is your deductible and how much are you facing to pay out? 

  • fcas80
    Lv 7
    2 months ago

    There is a coverage called Medical Payments that covers this without the injured party actually suing.  Your insurance premium will probably not rise from this but ask your agent.

  • Anonymous
    2 months ago

    depends on the amount and your deductible

    Any claim will increase your rates in the future

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