Home Insurance Premiums After Filing a Claim
It 's possible for your home insurance to go up after you make a claim. Whether your premiums rise depends on what type of claim you make, your claim history, and an assessment of the property. Although your premiums will go up based on a variety of other factors, the type of claim you file plays a significant role.
Fire claim:
Average Price Increase: $273
Average % Increase: 20%
Liability claim:
Average Price Increase: $260
Average % Increase: 19%
Theft claim:
Average Price Increase: $253
Average % Increase: 19%
Weather claim:
Average Price Increase: $107
Average % Increase: 8%
As you can see, the type of claim you file will have a big impact on your premium after the claim. When you 're looking for homeowners insurance, contact your insurance professionals at
Kneller Agency. Our dedicated experts are ready to assist you with all your
home insurance needs.