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9 January 2020 0 Comments Category: Article Archives, Home Insurance

Which Claims Make Home Insurance Rates Increase the Most?

Are there home insurance claims that increase rates more than others?   Insurance rates are based on a number of risks, but there are some factors that affect a policyholder’s insurance more than others, such as filing claims. Believe it or not, but filing claims will raise rates more than any other factor – besides poor credit. To help you understand which claims put your premium at risk of increase, read on.   Fire claim: Average Price Increase: $273 Average % Increase: 20%   Liability claim: Average Price Increase: $260 […]
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