We’ve all seen the tents around claiming, “Free rock chip repair!” but clearly there is a hidden cost somewhere. Sure, the insurance companies will pay the people at the tent to inject an epoxy into the chip in hopes that it doesn’t run and turn into a non-repairable crack. After all the insurance company clearly sees that $40 is better than the $250 to have the windshield replaced.
So the question is: Can a rock chip claim impact my insurance rates? Short answer is yes, it is possible.
Depending on your insurance company you may upset a delicate balance of claims loss. Most insurance companies use rating factors into their algorithms such as age, zip code and certainly previous losses. Some insurance companies claim that people who turn in multiple glass claims have an overall higher loss rate and cost them more money in future claims. Furthermore, it depends on how many claims you have over a certain period of time. For instance, if you file a theft claim, then you have a rock chip claim the next week, this may flag your policy for filing too many insurance claims over a certain period of time generating a rate increase. This happens because when you stop at a rock chip repair tent they will ask you for your policy number and turn in an insurance claim so they can get paid (if you have comprehensive insurance).
Not all insurance companies do this and telling which ones do and which ones don’t can be very difficult. Trust your local insurance agent to place you in the best place for your insurance needs. If you’re a heavy commuter and typically need a new windshield every year, perhaps your agent can determine what company they offer that is a bit more lenient about this than others. Some companies even offer zero deductible glass replacement. Regardless of your situation, always discuss your insurance options with your licensed insurance agent.
For answers to everything insurance, trust the insurance agents at First Rate Insurance Plus in Kirkland, WA. Their local insurance agency can help you insure everything from your auto and home to your boat and motorcycle. Because they’re an independent insurance agent, their agents can shop from over 20 insurance companies to find you the best rates and the coverage that makes sense for your situation. Check out their insurance website 24/7 or to request a quote.