Many people think that their premiums dramatically increase if you file a claim for homeowners insurance. It doesn’t always mean that your premiums will go up but often times it does. Try and avoid the triggers that increase this premium by knowing why your rates are going up, how much they are increasing and if so, for how long. One thing to avoid while claiming is to make sure you don’t file multiple claims at one time. There will be an extreme increase in your rates. If this happens, there is a possibility that your insurance company can even cancel your policy. If something happens to your home and you are covered, the next thing to do is to find someone to give you an estimate on how much its going to cost and it is also important to keep open communication with your insurance agent. If the damage that is done to your home is minor, it may be possible to pay an out of pocket cost so your insurance rates don’t go up. If the cost of damage is close to or under your deductible it would also help depending on certain financial situations. There are many factors that affect the rate changes and they’re not just your claims history. Any claim that you make will affect your premiums for about 5-7 years and even if you only claim one time in 5 years, your rates will still probably increase. But the whole reason you buy homeowners insurance is to protect your family’s possessions. That is what it’s there for and if something happens to your home from a natural disaster or a house fire, you will have to file a claim. It’s better to be protected than to have no protection at all. Speak with an agent from Brazelton Insurance to learn more information. We will provide professional advice to help you make the best decision based on your needs.