The answer typically is no. A single claim, no matter how large, won't raise premiums, especially if it is the result of an act of God (meaning forces of nature). That's the good news.

What if it is a claim for a dog bite?
Here's the one exception. If the claim is for a dog bite, and you do nothing to improve the situation, rates are sure to increase.

Okay, you've filed two claims under your homeowners insurance policy. Will your premiums go up now?
It depends upon the type of claim, and how much time has passed between the two claims. Say, for example, you have one claim for a slip and fall in one year, and another claim for damage due to faulty plumbing three years later. Your premium will probably increase. But, if a wild fire damages your house one year, and a storm rips through it the next year, chances are you won't have to worry about your premiums going up.

The difference is whether or not you, the homeowner, could have done something to prevent the loss. In cases of natural disasters, there is almost nothing you can do to prevent damage, and you won't be penalized. But, if it seems that you don't maintain your home properly, or it is unsafe in some way, or you make multiple similar claims, red flags go up at the insurance company, and you'll pay with increased premiums or nonrenewals.

Learn More...

Overview | Understanding The Basics | Types Of Insurance | Coverage Amounts
Choosing A Policy | Filing A Claim | Other Types Of Insurance | Home Safety Tips
Planning Concerns | Home Glossary

Please Note: The information contained in this Web site is provided solely as a source of general  information and resource.  It is a not a statement of contract and coverage may not apply in all areas or circumstances.  For a complete description of coverages, always read the insurance policy, including all endorsements.