Insurance claim on rental properties a good idea?

[Shiv A.]

Hi - I recently had a rental property basement damaged due to street flooding which caused water in the basement and therefore damaging furnace and hot water tank. I paid 3600 out of pocket already to fix it. Is it worth to go through the insurance claim? I am covered under flood? 

Can someone explain when it is or is not a good idea to file claims for rental properties with regards to it impacting insurance premiums later on.