Call Us 208-523-7100 FIC Customer Login ☰ ˟
Logo
FIC Customer Login Call Us 208-523-7100
  • Home Page
    • Home Page
    • FIC Customer Login
    • Our Providers
    • Contact UsImage of right arrow
      • The Falls Insurance Center, Inc.
  • About Us
    • About
    • Our Staff
    • Our Location
    • Testimonials
  • Products
    • Home & Auto Insurance
    • Auto InsuranceImage of right arrow
      • Liability Coverage
      • Comprehensive Coverage
      • Collision Coverage
      • Uninsured & Underinsured Motorist Coverage
      • Diminishing Deductible
      • Accident Forgiveness
      • Minor Violation Forgiveness
      • SR 22 Insurance
      • Roadside Assistance
      • Specialty Auto Insurance
      • 24-Hour Customer Service
      • Towing
      • Rental Reimbursement
      • Personal Injury Protection (PIP)
      • Medical Payments Coverage
    • Home InsuranceImage of right arrow
      • Property Insurance
      • Homeowners Liability
      • Renters Insurance
      • Condo Insurance
      • Mobile Home Insurance
      • Scheduled Property Insurance
      • Landlords Insurance
      • In-Home Business Insurance
      • Flood Insurance
      • High Value Home
    • Other Personal InsuranceImage of right arrow
      • Identity Theft
      • Personal Umbrella Insurance
      • Jewelry Insurance
    • Farm InsuranceImage of right arrow
      • Crop Insurance
      • Farm Owners Insurance
      • Farm Livestock Insurance
      • Equine Insurance
      • Farm Equipment Insurance
      • Farm Dwelling Insurance
      • Farm Structures Insurance
      • Farm Auto Insurance
      • Farm Umbrella Insurance
      • Farm Liability Insurance
    • Life InsuranceImage of right arrow
      • Individual Life Insurance
      • Group Life Insurance
      • Long-Term Care Insurance
      • Mortgage Protection Insurance
      • Disability Insurance
      • Second-To-Die Policy
      • Key Person (Key Men) Insurance
    • Health InsuranceImage of right arrow
      • Exchange Enrollment
      • Individual & Family Health Insurance
      • Group Health Insurance
      • Dental Coverage
      • Vision Coverage
      • Long-Term Care Insurance
      • Temporary Health Insurance
      • Medicare Supplement Insurance
      • Disability Insurance
      • Medical Expense Insurance
      • Child Health Insurance
      • Prescription Insurance
      • HSAs
    • Medicare
    • Recreational Vehicle InsuranceImage of right arrow
      • Boat Insurance
      • Motorcycle Insurance
      • Motorhome Insurance
      • ATV Insurance
      • Snowmobile Insurance
    • Financial ServicesImage of right arrow
      • Annuities
      • 401K
      • Retirement Plans
      • Mutual Funds
      • Traditional & Roth IRAs
    • Additional Insurance ServicesImage of right arrow
      • Special Event Insurance
      • Other Services
      • Wedding Insurance and Special Event Insurance
    • BondsImage of right arrow
      • Fidelity Bonds
      • Surety Bonds
    • Coverage for Specific IndustriesImage of right arrow
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Insurance for Arborists
      • Builders Risk Insurance
      • Car Dealership Insurance
      • Cargo Insurance and Freight Insurance
      • Catering Insurance
      • Cleaning Business Insurance
      • Condo Association Insurance
      • Construction Insurance
      • Consulting Firm Insurance
      • Contractors Insurance
      • Specialty Trade Contractors Insurance
      • Convenience Store and Gas Station Insurance
      • Craft Brewery Insurance
      • Dental Practice Insurance
      • Dump Truck Insurance
      • Educational Facility Insurance
      • Financial Institution Insurance
      • Food Truck Insurance
      • Fleet Insurance
      • Funeral Home Insurance
      • Handyman Insurance
      • Garage Insurance
      • Healthcare Facility Insurance
      • Healthcare Practice Insurance
      • HVAC Contractors Insurance
      • Landscaping Insurance
      • Law Firm Insurance
      • Life Science Insurance
      • Limousine Services Insurance
      • Liquor Liability Insurance
      • Livestock Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Minibus Insurance
      • Non Profit Insurance
      • Nursing Home Insurance
      • Nursing Insurance
      • Orthotics & Prosthetics Insurance
      • Personal Trainer Insurance
      • Pharmacist Insurance
      • Pool & Spa Insurance
      • Printers & Publishers Insurance
      • Railroad Contractors Insurance
      • Real Estate Businesses Insurance
      • Retail Insurance
      • Rideshare Insurance
      • School Bus Contractors Insurance
      • Scrap Metal Insurance
      • Security Guards Insurance
      • Self-Storage Insurance
      • Septic Contractors Insurance
      • Snow Plow Insurance
      • Specialized Truck Equipment Insurance
      • Technology Services Insurance
      • Tractor Insurance
      • Tow Trucks Insurance
      • Water Well Drillers Insurance
    • Coverage for Your BusinessImage of right arrow
      • Business Catastrophe Insurance
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Real Estate Insurance
      • Commercial Umbrella Insurance
      • Crime Insurance
      • Cyber Liability
      • Equipment Insurance
      • Errors and Omissions Insurance
      • Loss Control Insurance
      • Inland Marine Insurance
      • Marine Insurance
      • Mechanical Breakdown Insurance
      • Office Insurance
      • Product Liability Insurance
      • Professional Liability
      • Risk Management
      • Small Business Insurance
      • Small Business Liability Insurance
      • Storage Insurance
      • Technology Insurance
      • Trailer Insurance
      • Transportation Insurance
      • Trucking Insurance and Semi Truck Insurance
      • Workers Compensation
      • Van Insurance
    • Coverage for Your EmployeesImage of right arrow
      • Small Business Retirement Plans
      • Employer-Sponsored Retirement
      • Group Benefits
      • Group Disability Insurance
      • Voluntary Benefits
      • Retiree Health Coverage
      • Group Health Insurance
      • Disability Insurance
      • Individual Life Insurance
  • Get A Quote
    • Quote Forms
    • Auto Insurance Quote
    • Business Insurance Quote
    • Farm Quote Request
    • Financial Services Insurance Quote
    • Health Insurance Quote
    • Home Insurance Quote
    • Motorcycle Insurance Quote
    • Life Insurance Quote
    • Recreational Vehicle Insurance Quote
    • Watercraft Insurance Quote
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • Blog
    • Exchange Enrollment
    • Privacy Statement
  • Contact Us
    • Directions
    • Contact Us
Home > Blog > How Many Home Insurance Claims is Too Many?
TUESDAY, JUNE 15, 2021

How Many Home Insurance Claims is Too Many?

a small house in the background


Most homeowners purchase a home insurance policy with the hope that they will never have to file a claim. Unfortunately, accidents happen and you may need to file a claim at some point to receive compensation for damages to your home or belongings. Filing too many claims in a short amount of time can cause issues with your insurer, however. 

In general, there is no set amount to home insurance claims you can file. However, two claims in a five year period can cause your home insurance premiums to rise. Over two claims in the same period may affect your ability to find coverage and even lead to a cancelled policy. This also depends on what type of claims are being filed. 

If these claims are valid, meaning they are not fraudulent, then the insurer may consider you too high risk to insure because of the dangers posed in your area, such as extreme weather or high crime rates. On the other hand, if there are too many fraudulent claims—meaning home insurance claims that are filed but denied—an insurer may cancel your policy.  

When Should You Not File a Home Insurance Claim? 

You should carefully consider each incident before filing a home insurance claim. All damages should be appraised by a professional. If the cost of repairs cost less than your home insurance deductible, you will not want to file a claim. For example, say damages to your home amount to $500 but your home insurance deductible is $1,000. Since you cannot meet the $1,000 deductible, you may be expected to pay for the $500 in repairs out of pocket. This also allows you to avoid your home insurance rates going up after filing a claim. 

How Long Do Home Insurance Claims Stay on Your History? 

A typical home insurance claim may last on your record for five to seven years. This means that your home insurance rates can continue to be affected even five years after a home insurance claim. If you have any questions about your home insurance policy or premiums, be sure to ask your insurance agent for clarification. 

There are several ways to save money on home insurance even if you have past claims on your policy, such as asking about discounts, building your credit score and increasing the safety of your home with things such as upgraded fire alarms and a burglary alarm system.
Posted 2:39 PM

Tags: homeowners insurance
Share |


1 Comments

Ed said...
So are they expect home owners to purchase policies and not to file claims? I want to be in that business, too. ?????
FRIDAY, JULY 15 2022 6:33 PM

Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021

  • business insurance(6)
  • home insurance(4)
  • auto insurance(4)
  • coverage(2)
  • insurance(2)
  • car(1)
  • summer tips(1)
  • life insurance(1)
  • homeowners(1)
  • health insurance(1)
  • auto(1)
  • policy(1)
  • pet insurance(1)
  • tips for stress(1)
  • homeowners insurance(1)
  • accident(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
prowriters
Carrier
Carrier
Carrier
Carrier

We are required to make visible to you the below quotation as directed by Medicare to all agents working with Medicare Advantage and Special Needs plans

Disclaimer – We do not offer every plan available in your area.  Any information we provide is limited to those plans we do offer in your area.  Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.  Please be advised that our agents can walk you through a thorough process of reviewing your options and advising you on coverage that will meet your needs without our divulging your information or exposing you to unwanted future solicitation.  Please be careful in your research there are many scams online or over the phone that may affect you.



Home| Get A Quote| Privacy Statement | Our Providers| Blog| About Us| Contact
885 S. Holmes Ave. | Idaho Falls, ID 83401
P: 208-523-7100 | F: 208-529-0168
Social Social Social
Logo

Powered by Insurance Website Builder