“I’ve Paid Insurance for Years — Shouldn’t I Use It?”

“I’ve Paid Insurance for Years — Shouldn’t I Use It?"

We hear this all the time after a loss — and honestly, it’s a fair question. Insurance is expensive, and when something breaks, the instinct is to use it.

The catch? Insurance isn’t a savings account. Using it for smaller or mid-sized losses can sometimes cost more in the long run than it pays in the short term.

That’s why we often recommend higher deductibles (many of our clients choose $5,000) and a simple rule of thumb: don’t file a claim unless the loss is about 2–3X your deductible. Insurance works best when it’s there for the big, painful stuff you really don’t want to pay for out of pocket.

If you’ve ever wondered whether a claim is “worth it,” this article walks through how to think about it before you call the carrier.

👉 Read more: I’ve Paid Insurance for Years — Shouldn’t I Use It?

If you’re ever unsure whether a claim makes sense, just reach out — I’m always happy to help you think it through before involving the insurance company.

George Page

Page Insurance, Ltd

(203) 453-5258

www.pageins.com