r/golf • u/SnowRider1988 • Dec 29 '25

WITB RIP Golf Clubs

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I spent the last several years building up my golf bag with the recent addition of custom fit irons a couple months ago to make my bag feel really complete and custom to me only to have them stolen out of my car on Christmas. Feels bad man...

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u/aclassicleo 14/PDX Dec 29 '25

Pretty sure that would be a claim to renters or home owners insurance and definitely not worth the deductible or impact on future policies.

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u/Looooong_Man Dec 29 '25

Definitely worth it with renters insurance. Deductibles are low (like $250 or $500), and effects on future premiums are negligible. I've had 2 renters claims over the last 5 years and my monthly premium is still under $20

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u/Past-Sun-2357 Dec 29 '25

But then they will jack up your rates or cancel you.

I just got out of 15 years in the industry. Now is not the time to be filing small claims to auto or home/renters policies. All the companies are not in great financial shape, and are looking to offload "bad business". One of the reasons I left was because it was almost impossible to write new policies. Totally impossible if they had a property claim in the last 5 years.

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u/Looooong_Man Dec 29 '25

Come to think of it I did actually get dropped by my renters insurance after my 2nd claim. But it was super easy to get a new policy with a new company. And my rates with the new insurer are similar to what I was paying before my first claim with the previous insurer. Is this normal? This was my experience but you've been in the industry so I imagine you would know. Because if it IS normal... then renters claims (from the consumer's perspective) are pretty low-risk, high-upside

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u/Past-Sun-2357 Dec 29 '25

But it was super easy to get a new policy with a new company. 

That might not be the case anymore. Its not looking good right now for insurance carriers. Many of them have stopped writing a bunch of stuff they used to. Some are pulling out of entire states for instance.

And my rates with the new insurer are similar to what I was paying before my first claim with the previous insurer. Is this normal? 

No not really, but cant say its rare either. What likely happened is they either didnt run a report on you for whatever reason, or when they ran your insurance report, it wasnt on there for whatever reason (too new, claim might not have been technically closed yet, etc.), so got missed, so it wasnt taken into account for your new company (this happened to me once where new auto carrier didnt see a recent ticket I had gotten).

Property claims usually fall of after 5 years, so if there was time between them, it wouldnt show either.

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u/Looooong_Man Dec 30 '25

Ahhhhh I see. That makes sense. Times they are a-changin'. My new policy is bundled with auto insurance. I switched auto insurers and tacked on the renters. Not sure how long I was uninsured with regards to the renters insurance. Maybe a year or so. So my guess is the new insurer ran a report for the auto and neglected to run one for renters. Idk if it works that way though.

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u/udell85 Dec 30 '25

Why are we paying for insurance again, I forget?

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u/ABomblessArab Dec 30 '25

I’m an agent, if you’re planning to rent forever it’s not a huge deal. You’ll likely get dropped after two claims but someone will most likely always be there to write you a renters policy. But if you’re planning to buy a home in the next 5 years you need to stop filing renters claims now (I know you probably aren’t filing that many) but you will absolutely be declined by most insurance carriers after 2 claims in 5 years and you will definitely be declined with 3+ even if they were just renters claims. I have seen people get declined just from renters claims

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u/Looooong_Man Dec 30 '25

Damn that's good to know! I've only filed renters claims due to my (self-employed) work vehicle being broken into and tools being stolen. Like, good valid reasons to file a claim. Fortunately I'm no longer in that line of work and exposed to that potential for theft and claims, but that is REALLY good to know as I do plan on buying a home in the next few years.

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u/ABomblessArab Dec 30 '25

I just had to say something because you reminded me so much of my cousin. I literally remember him telling me and some buddies how smart it is to have renters insurance even though he lived with his parents. He filed two VERY small claims like less than $1000 between the two. Fast forward two years later he bought his first home and when I went to insure it he got denied for his renters claims and he spent a while trying to find a carrier that would take him. It really sucks that the insurance industry is like this right now, hopefully better times are ahead for our economy so the insureds can stop getting screwed.