Will my rates increase if I have a homeowners insurance claim?

Department:	Personal Insurance
Type:	FAQs
Unlike most automobile insurance policies, your homeowners premium will not automatically increase if you present a claim. Underwriters will evaluate the nature (size & frequency) of claims to determine whether some risk management action is appropriate. Depending on the situation, they may require a higher deductible or surcharge the premium. In some cases, the carrier will not offer a renewal due to frequent claim activity.