[MyDreamHome]

Okay, if we make too many small little claims for home, our rate would jump and if enough they may cancel the insurance. If that is so? how big should a claim be to benefit us the homeowner? If claiming the big claim only the case? Should we even consider buying additional coverages?

[Z_Berg]

Generally, if the loss is under $1000, it is in your best interest to handle it out of pocket. You shouldn't be filing more than one claim every 8 to 10 years if you are average...

Think filing of claims for major hail damage to roof or siding, fires, sump pump failure floods basement (if you have backup sewer and drain which is one endorsement a lot of people should have), water hose on fridge or washer breaks...

Think of handling out of pocket for spill on a carpet, hole in the wall, broken window, etc.

[tonalc1]

I'd say, don't file claims for under $1,000. Which means, raise your deductible, to at least $1,000, and then don't file a claim under $2,000.

[ebaywins1813286]

Statiscally, most homeowners have one claim every 10 years. If you're having more, you're paying more and risking losing your insurance.

In my area, I let my customers know they will lose their claim free discount after one claim. I also caution them about filing a claim under $2,500. They'll end up paying much more for it in the long run.

Insurance is designed for the big stuff. It's there to rebuild your home after a tornado, a devastating fire, a huge tree falling on it, or liability case, such as your dog mauling someones child. It's not a maintenance policy, it's not a homeowner warranty. It's for sudden and accidental loss.

I'm not sure what you're asking considering "additional coverages". If you mean raising your limits to cover your jewelry or higher dwelling limits or increased liability, yes, that's usually recommended if you have a lot to lose.

[azra62941]

You can easily check your quotes in Internet, for example here - home insurance.awardspace.us

[smear]

The claim for Home insurance has the limit according to the policy you hold against the home and the extra big claims can be a reason to cancel the insurance. And this claim can be after a period of about ten years.