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

Unlike most automobile insurance policies, your home insurance 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.

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