Homeowners insurance is something everyone needs to have but no one wants to use. As it turns out, insurance companies feel the same way. Homeowners who file too many claims in the eyes of their insurers can find themselves slapped with much higher premiums for being “high-risk.” Unfair as it may seem to homeowners, the regulatory climate surrounding the insurance industry in most states makes it necessary for them to use caution before filing a claim. Anyone unlucky enough to need the services they pay their homeowners insurance provider for more than once a decade may be “rewarded” with exorbitant premiums or the outright cancellation of their coverage.

Read more: Most Common Remodeling Problems Faced by Homeowners

A Claim Filing Checklist

That’s why it’s essential for homeowners to protect themselves by knowing how to file an insurance claim judiciously. There are times when filing a claim for damages is the right choice. And other situations in which it can become more trouble than it’s worth. The price of using your homeowners insurance can go higher than the costs of the damages, in the long run.

Before filing a claim for any reason, take a moment to consider the advice in the accompanying checklist. It provides important do’s and don’ts to consider.

Homeowners Insurance Claim Tips You Should Know was last modified: May 11th, 2020 by Expert Public Adjusters
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Victoria Addington
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Victoria Addington

As a first time home buyer, my sister is planning to file a homeowner’s insurance to cover the damages and repairs for the house she will buy. It’s interesting that you noted ow creating a claim filing checklist is important. I like how you included checking to see if she’s covered and paying attention to the claim history.