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One property claim can cause your premiums to soar | CNN Money

October 21, 2014 by Admin
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NEW YORK (CNNMoney)
File just one property claim to your insurer and you can expect to see your premiums soar by hundreds of dollars in some states.
On average, filing a single claim — for anything ranging from a stolen bicycle to tornado damage — will result in your monthly premium being raised by 9%, according to a report released by InsuranceQuotes.com. File a second claim and premiums climb by an average of 20%.

via One property claim can cause your premiums to soar by hundreds of dollars – Oct. 19, 2014.

 
 

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