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How will filing a claim affect my insurance rates and claim history?

April 26, 2017affect claim filing History Insurance rates

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How will filing a claim affect my insurance rates and claim history?

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A. Most insurance companies offer a discount after three years without any claims and if a claim is made, the discount is lost. Also, insurance companies review your claims history each time you renew your policy. If you have filed several claims over a certain period, the insurance company may take some action such as increasing your deductible. Contact us for details.