Nebraska homeowners pay an average of 13 percent more for homeowner’s insurance after making just one claim, according to a report out Wednesday by InsuranceQuotes.com.
That’s higher than the national average of 9 percent the report said, “and should make Nebraskans think twice about filing a modest-sized claim.” In some states the report found, making a single homeowner’s insurance claim raises the annual premium cost by more than 20 percent. Minnesota had the highest one-claim increase, at 21 percent, followed by Connecticut at 20 percent and Maryland at 19 percent.
Texas has the lowest post-claim increase; in the Lone Star State, insurers are not allowed to increase premiums after the first claim. New York at 1 percent and Florida at 2 percent have the second- and third-lowest increases.
Nationally, making a homeowner’s insurance claim leads to an average annual premium increase of 9 percent, the report said.
“Homeowners should think very carefully about whether or not to make a claim,” said Laura Adams, senior insurance analyst at InsuranceQuotes.com. “Let’s say you have a $1,000 deductible and the claim is going to lead to a 20 percent rate hike; it’s probably not worth making a modest-sized claim.”