this post was submitted on 20 Nov 2023
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Small scratch: Claim insurance or not? (self.newzealand)
submitted 1 year ago by sylverstream to c/newzealand
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Our car is insured comprehensive, but I'm wondering from what amount it would make sense to claim? AA no longer has a no claims bonus, but obviously premiums can go up if you claim. We have some cosmetic damage which we caused ourselves, so would mean we'd pay our excess. Would it be wise to discuss with our insurer AA? Advice welcome, thanks.

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[–] Dave 3 points 1 year ago* (last edited 1 year ago) (1 children)

Yeah it's hardly even worth the time to do the paperwork. If you shop around you can probably get it cheaper anyway.

I'm gonna suggest that if you're not going to claim on an $800 incident, you probably should increase your excess. We always set ours to the highest available (I think it's like $1k-2k I can't remember). In my view if you can afford to pay $800 out of pocket then there's no point having insurance at that level.

[–] sylverstream 3 points 1 year ago

True, paperwork can be quite annoying.

Valid point regarding excess. It does make having an accident a bit less stressful when you have a lower excess.

Thanks Dave.