Home Insurance Daily
Bits of Facts About Home Insurance
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Homeowner’s Insurance Claim
Filed under Basic InformationMay 22
In auto insurance claim, the worst thing that can happen is that insurance company may increase your premium by the time you renew. However, according to insurance companies, nothing happens when you file your homeowner’s insurance claim for the first time. So your fear of premium price skyrocketing is not true at all and spokespersons of many large homeowners companies have stressed this out already. That no single claim will increase premiums no matter what size or type. According to Bob Hunter, an insurance expert from Consumer Federation of America, this claim of many insurance companies appears to be true in practice especially if the claim is caused by the forces of nature. Comments Off
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