Which claims make home insurance rates increase the most?

    Posted by Soules Insurance on Thu, Aug 29, 2019

    Insurance rates are based on risk, but there some factors that affect a policyholder’s insurance more than others, like filing claims or, especially, multiple claims.

    In fact, filing claims will raise rates more than any other factor besides poor credit.

    To help insureds better understand what determines home insurance rates and what could put customers at risk of rate increases, here is a detailed list of how much certain claims raise rates.

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    Tags: Claims, Home Insurance, Insurance Claims, Expensive Claims, Home Claims