Will my homeowners insurance rates rise if I make a claim?

There's some minor damage to my roof and I'm debating whether to make a claim on it. Will a claim cause my rates to rise?

Answer
Some carriers do offer small-claims forgiveness, but in most cases you will see your rates go up after making a claim on your home insurance. Most of the time, this is also partially due to the loss of a claims-free discount. Typically, if a claim reaches or surpasses a specific value, then the price of the insurance will rise further. The larger the claim, the larger the increase.
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Savannah Grabek
Answered on Mar 05, 2021
Savannah Grabek is an expert in Personal Lines insurance. She has 5 years experience in the insurance industry. Savannah began her carrier working with just property insurance and is now tenured in all personal line including home, auto, motorcycle, boat and umbrella. She previously worked for GEICO and has now been working with Jerry insurance for the past year. Savannah lives in New York with her son, fiancé, and puppy Bear. In her free time she enjoys spending quality time with her family and hiking with her dog.
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