Hail damage repair may help return your car to pristine condition after you’ve been caught in a storm. However, if your insurance doesn’t cover you, then you may be looking at considerable repair costs. In these situations, Monzi’s lender-finder may help. Apply for cash loans from $300 to $10,000 today. Fast outcomes. Easy applications. Let’s go.
Please note, certain ideas and products presented in this article may not be offered by Monzi nor the lenders we work with. This article presents only general information. Consider seeking professional financial, taxation, legal or other advice to check how the information and ideas presented on this website relate to your unique circumstances.
Hail damage repair explained
So, the brutal Aussie summer has stuck again. You saw the storm rolling in but couldn’t do anything about it. As a result, your car is looking battered and bruised after a ferocious hail storm. While your vehicle may still be drivable, the many dents have left it looking worse for wear. In these situations, you may be looking for hail damage repair.
In short, hail damage repair simply refers to the process of fixing hail damage to your car. Typically, a panel beater will do this work and if you’re lucky, your car may look as good as new in no time.
Unfortunately, though, you will have to pay for the repairs. Even if your insurance covers you, you may have to pay the excess. If you find that the costs won’t fit with your budget, then you may be looking for other options.
How much does hail damage repair cost?
Realistically, the answer will vary. After all, not all hail damage is the same. In some cases, your car may have suffered major damage to the bodywork and may even need new windscreens. However, in other cases, you’ll simply need to enslist the services of a paintless dent repair company.
Generally speaking, hail damage repair costs will range anywhere from a few hundred dollars to many thousands. Panel beaters may charge a fixed rate to repair each damaged panel. However, repair costs on more significant damage may be higher.
If the repair costs exceed what you can afford and your insurance doesn’t cover you, you may continue to drive a hail damaged car. However, you must ensure that it is safe. While minor dents may be OK, if the damage compromises your safety or limits your visibility (e.g. shattered windscreen), then you must not drive the car.
Can you claim hail damage on insurance?
Hail damage will often be covered if you have comprehensive car insurance. However, if you just have the standard Third Party Car Insurance, then you may not be able to claim for hail damage. As a result, you must pay for all repairs yourself.
Given this, if you do live in an area that is prone to hail storms, then you may need to find an insurance policy that provides the cover you need. While comprehensive cover is more expensive, it could come in handy if you get stuck in the middle of a freak summer hail storm. However, ultimately, it’s up to you to decide which is best for you.
If you do have comprehensive insurance, then submitting a claim should be relatively simple. Contact your insurance company and they should be able to guide you through the process. From there, you can organise the hail damage repair you need.
Do you pay excess for hail damage repair?
As with most insurance policies and claims, if you submit a claim for hail damage repair, then you will typically need to pay an excess. In short, an insurance excess is an amount you’re liable to pay out-of-pocket for the repair costs, with your insurer covering the remainder.
To make this clearer, let’s say that your car suffers $5,000 worth of hail damage and your excess is $1,000. That means that you must pay $1,000 toward the repairs while your insurer will pay the other $4,000.
Finally, note that you can select an excess that works for your situation. On the one hand, a higher excess will increase your costs if something goes wrong, but will also reduce your annual premiums. On the other hand, a lower excess saves you money in the event of a claim but will lead to higher annual premiums. So, find the balance that works for you.
Hail damage estimate calculator Australia
If you’re staring at your car, wondering what the repair costs may be, we feel your pain. In these scenarios, one useful tool could be a hail damage estimate calculator. In a similar way to a personal loan calculator, these tools ask you to enter some key details to provide you with an estimate of your repair costs.
As a guide, you typically must state the type of car that you have as well as the extent of the damage to each part of the vehicle. From there, it may generate an estimate of your repair costs. However, these will simply be a guide and your true costs may vary.
If you are unable to use a calculator online, then you may approach a panel beater for a quote. Alternatively, your insurer may organise an assessor to evaluate the extent of the damage to determine the probable repair costs.
What’s the best way to repair hail damage on a car?
In most cases, the best way to repair hail damage is to get a professional to do the job. While there may be many at-home kits or DIY guides, generally speaking, unless the damage is relatively minor, it’s usually best to hand it off to someone who knows what they are doing. Unfortunately, though, this may result in considerable costs, particularly if your insurance doesn’t cover you.
That said, it’s your decision. If you decide to try and repair the damage yourself, then ensure you read widely and know exactly what you are doing. The last thing that you want to do is turn a minor issue into a major problem.
How do I submit an insurance claim?
It’s easy for you to submit an insurance claim when your car comes off second best during a hail storm. All you need to do is:
- Take pictures of the damaged vehicle and make a note any key details. For instance, ensure you know the date and where you were when the damage occurred.
- Call your lender or get in touch online to submit a claim. They will guide you through the process and will ask you to provide some key details (e.g. name, photographic evidence, policy number, etc.)
- Submit your claim and wait for them to respond with an outcome. Depending on the number of claims that they have received, this may take anywhere from a few days to a few weeks.
- Complete the process by getting your car repaired as per the directions of your insurer.
Note that insurers may vary slightly in the claims process. However, they will usually step you through the process. If you are unsure about anything, don’t hesitate to contact them. Insurers have dedicated customer service teams in place to assist with your inquiries.
Where can I find cheap hail damage repairs?
Just like comparing personal loans and other credit products, to find the cheapest deals you will need to shop around. By gathering multiple quotes or appraisals, you may then be able to determine which option is the cheapest to get your car back looking its best.
Having said this, while you may be looking for the cheapest repairs, your insurer may limit your choices to only a small number of pre-approved business. Moreover, just because the repairs are the cheapest does not always mean they are the best option. Sometimes, it’s wise to pay a little extra to ensure that you’re getting the best service possible. If you do need a little extra cash for repairs, why not apply for instant cash loans with Monzi from $300 to $10,000 today.
Are there any mobile hail damage repairs?
Yes, there may be.
The modern world is about convenience. As a result, rather than taking your car to the mechanic or panel beater, there may be mobile repair options for you. Unfortunately, though, Monzi is unable to recommend any mobile hail repair damage companies. As a result, do your research online to find local companies in your area.
In addition to this, note that mobile repairs may be simple for things like replacing a windscreen. However, if there is significant damage to the bodywork, then your mobile repair options may be limited.
Can I claim hail damage on my home insurance?
While we’ve spoken extensively regarding hail damage to your car, violent summer storms can wreak havoc on your home too. The good news, in this case, is that hail damage to your home (e.g. damaged roof tiles) will often be covered by your home insurance. Similarly, this may also cover you if the damage is caused by winds or rain.
However, as Monzi is not an insurer, we cannot say with certainty if this will always be true. As a result, if a storm damages your home, your first step should be to read over your home insurance policy. Alternatively, contact your insurer to determine whether or not you can make a claim.
Can hail damage be completely repaired?
These days, hail damage repair is extremely effective to repair dings and dents on your bodywork. As a result, by the time your car is returned to you, it may look as good as new. While you’re there, you may also be able to repair or replace widescreens damaged or shattered by hail too.
Given this, there may be many panel beaters who can help. As a result, it’s usually a good idea to compare prices and check past customer reviews to determine which option is best for your vehicle. However, keep in mind that some insurers may stipulate which panel beater you must use, meaning the decision is out of your hands.
Do insurers write off hail-damaged cars?
If the hail damage repair costs exceed the insured value of your vehicle, then it will be written off by your insurer. To get to this point, you will need to have your car inspected by an assessor. They will then provide your insurer with an estimate of the repair costs which will be compared to the value of your car. From there, it may be written off.
In most cases, storm damage will not be so significant that your car is non-functional. Instead, the repair costs will often be too high. As a result, your car may be a repairable write-off. With this, do your research to determine what your options may be as it may vary between states.
Will my insurance premiums go up after hail damage?
This may depend on your insurer. In some cases, hail damage caused by severe storms may be considered “acts of god.” In short, these are events that could not have been reasonably foreseen. As a result, claims for hail damage repairs and other similar repairs may not lead to your premiums rising. That said, consult with your insurer or read the Product Disclosure Statement (PDS) to determine if this applies to you.
In addition to this, keep in mind that if you live in an area prone to hail storms or other violent weather (e.g. cyclones), then insurers may factor this into your premiums. As a result, you may find that your premiums are higher compared to individuals in similar positions but living in different locations.
Finally, insurers may offer no claims discounts to reduce your premiums, if you do not make a claim for a specified period of time (e.g. one year). With this, your insurer may not include hail damage claims. As a result, you may still be eligible for the savings.
How long does it take to repair hail damage?
In short, Monzi cannot say. After all, your repair times will vary based on the extent of the damage. As a guide, you can usually expect it to take anywhere from as short as a few days up to a few weeks.
For further information, you may need to contact hail damage repair companies in your local area (e.g. a panel beater). They may provide you with an estimate of how long repairs will take and what the costs may be.
Is hail damage repair worth it?
Hail repair damage costs can range into the thousands of dollars. As a result, if you don’t have comprehensive car insurance, then your repair bill may be larger than your budget can handle. As a result, hail damage repair may not be worth it, if it would place undue strain on your budget and leave you unable to afford necessities.
However, if the hail damage has impacted visibility (e.g. shattered front or back windscreen) or has impacted your ability to operate the car safely, then you must get it repaired before driving it.
Finally, if your comprehensive car insurance covers you, then the repair costs may be more manageable, given that you must only pay the excess. However, still ensure that this is affordable for your budget. If you need cash to cover your excess, consider applying for quick loans online up to $10,000 with Monzi. However, note that you must repay these loans with interest.
How long do you have to make an insurance claim for hail damage repair?
While there may not be a hard and fast timeline, it’s usually a good idea to submit your claim ASAP. Some insurers may require you to submit a claim within 12 months. However, you should consult your PDS to determine if this applies to your policy.
When you are ready to submit a claim, the process should be relatively straightforward. Firstly, you will need to gather evidence (e.g. take pictures of damage, record the date and time). Next, you will need to contact your insurer and they will guide you through the claims process. Once your claim is submitted, you’ll just need to wait for an outcome which should be provided within one to two weeks.
Finally, keep in mind that the longer you wait, the less you may remember. As a result, getting organised early and keeping a record of the key details is usually wise.
Should I select a higher excess on my car insurance?
As we touched on earlier, selecting your insurance excess is an important decision. However, it’s also a personal one that will be determined by your financial situation and risk preferences too.
Generally speaking, your insurer ties your premiums directly to your excess. A higher excess means that you pay more if you make a claim. As a result, that saves your insurer money, meaning your annual premiums may be lower. The opposite is true for a lower excess, meaning your premiums will be higher.
Given this, you must strike the balance that’s best for you. While saving money today is often enticing, just be aware that you may face higher costs if things go wrong. As a result, it may be a good idea to establish an emergency fund with the money you save. That way, you’ll always have something to fall back on.
Is comprehensive car insurance worth it?
As we’ve discussed, you will only be covered for hail damage with comprehensive car insurance. However, it’s also a more expensive option. As a result, deciding between comprehensive car insurance and standard coverage can be tricky.
Realistically, comprehensive cover is the best option to protect you. However, the high level of cover is reflected in the fact that insurers may charge you considerably more. As a result, it may not always be right for your financial situation. Given this, it’s up to you to decide.
While comprehensive car insurance provides the greatest coverage, weigh up the costs and benefits. Moreover, compare insurers and the policies they offer. For more information, make sure that you read Moneysmart’s guide to choosing car insurance. It may answer many of the questions that you have.
Should I submit a claim for minor hail damage repair?
As a rule, you should only submit a claim if your repair costs will exceed your insurance excess. After all, if your costs do not exceed the excess, then you are liable to cover the costs anyway. As a result, you will not receive any benefit at all.
In addition to this, remember that submitting a claim may impact your no claims bonus (NCB). As a result, a minor claim may not be worth it. However, it is worth noting that with many insurers, hail damage claims will not impact your NCB. As a result, you should check the PDS of your policy.
How can I pay for my hail damage repair costs?
When you’re caught in a hail storm and your car takes a beating, you’ll almost certainly have to cover some of the repair costs. On the one hand, if you don’t have comprehensive car insurance, then you may be liable to pay for the repairs yourself. On the other hand, even if your insurance covers you, you may still have to pay the excess. However, if you don’t have the cash-on-hand, you might feel that you’re out of options.
In these situations, one choice for you could be to apply for a personal loan. In short, online personal loans allow you to borrow money today and divide the costs over repayment periods ranging from a few months to a few years. However, keep in mind that personal loans must be repaid with interest. As a result, taking out a loan to pay for your car repairs may be expensive. Given this, you should weigh up all the options available to you.
Monzi: the lender-finder for you
If you decide to apply for a personal loan, you’ll find that these days, lenders are dime-a-dozen. As a result, if you’re not sure what to look for, the search results can feel overwhelming. In these situations, a lender-finder like Monzi may make it easier for you.
With Monzi, all you need to do is submit one application. From there, we take over and will aim to match you with Aussie money lenders offering fast cash loans from $300 to $10,000. Best of all, with repayment terms ranging from 12 to 24 months, there may be an affordable option for you.
So, with fast outcomes and an easy process, Monzi could take away the hassle of finding a lender online when you need to cash for hail damage repair. Apply today.
Am I eligible to apply with Monzi?
At Monzi, we do our best to help everyone who takes the time to apply. As a result, whether you’re looking to fix some dings, consolidate debt or cover your travel expenses, we may make it easy for you to be matched with lenders online.
However, before you begin, you must check these four boxes to confirm that you are eligible:
- At least 18 years old.
- Australian citizen or permanent resident.
- Have an email address and active mobile number.
- Have an online bank account where your income is deposited, with at least three months of history.
Note that if you fail to meet the above criteria, then your application may not progress.
How do I apply?
So, you’ve been caught in a freak storm and now your car is a little battered and bruised. When you need cash to cover your hail damage repair costs, you can apply with Monzi from $300 to $10,000. Here’s how:
- Select the amount you would like to borrow using Monzi’s loan slider.
- Complete Monzi’s application form, then hit ‘Submit’.
- Get on with your day while we try and pair you with an available lender from our network. Apply during business hours and you may receive an outcome in 60 minutes.
- Check your phone because we’ll contact you with an outcome. If we match you with a lender, then we’ll pass your application onto them and they will be in touch to begin the assessment process.
Hail damage repair loans for bad credit
At Monzi, we know a few understanding lenders. As a result, if you’re staring down the barrel of a sizable hail damage repair bill, we may put you in touch with a lender who can help. Best of all, even if you’ve got a few credit mistakes in your past, some lenders may still be willing to consider your application.
With these lenders, it’s about the bigger picture. On the one hand, your bad credit history may reflect a lack of reliability in your past. On the other hand, a strong financial position today may reflect that you’ve implemented effective methods to manage your money now.
As a result, if you’ve got a few blemishes on your credit record but have your budget under control, some lenders may offer you bad credit loans to help you fund your hail damage repairs.
However, keep in mind that while some lenders may offer loans for bad credit borrowers, others may not. Given this, approval may depend on the lender’s policies and qualifying criteria.
Hail damage repair Australia-wide
Whether you’re looking for cash to cover hail damage repairs Brisbane or hail damage repairs Melbourne, it doesn’t matter to Monzi. That’s because we are 100% online and work with lenders who operate Australia-wide. As a result, no matter where you are when you come face-to-face with a booming summer storm, you can apply for online loans today.
Given this, when you apply with Monzi, as long as you’re connected to the internet and meet our eligibility criteria, you’re good to go. Best of all, as we’re 100% online, you can apply any day, any time. However, applications received outside of business hours may encounter delays.
Trying to organise your hail damage repair can be a stressful time. Not only is your pride and joy dented, but you’ll probably also be facing a hefty repair bill. In these situations, you may turn to Monzi. We’re always here to help.
With this, if you have any questions about our lender-finder service and what we could do for you, then you’re always welcome to contact us. Send your queries and concerns to email@example.com and we’ll do what we can to address them quick-smart today. That way, you might be able to get your car back to mint condition in no time.
However, note that Monzi is a lender-finder service only. As a result, we cannot answer questions regarding your insurance policy and what it covers. Given this, you’ll need to contact your insurer directly.
Need cash for hail damage repair? Apply today
When you need instant loans for hail damage repairs or other stressful expenses, Monzi’s on your side. Apply today from $300 to $10,000. We may pair you with a lender in 60 minutes. With Monzi, it’s as quick and easy as can be.
Just hit the “Apply Now” button or scroll up to Monzi’s loan slider. Let’s go.