If i claim Home Insurance on current house,wud my insurance be high in a new house?

Hi
Im thinking about using my insurance to repair water damaged area at my current house, would this increase my house insurance cost, if i moved to a new house. Or would the insurance be only high if i use the same insurance provider?

A claim will raise your rates on your current home and the new home. You will lose your claims free discount for a certain amount of years.

And, you may not even be able to get insurance on another home unless you stay with the same insurance company.

Depending on how much damage you have you might not want to put in that claim. Talk to your insurance agent for advice.

Tags: home insurance, home insurance policy

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