Social Question

marialisa's avatar

Can an insurance company cancel your policy or raise your rates after a roof claim?

Asked by marialisa (464 points ) August 15th, 2011

I had ice dams/freeze damage last winter and filed a claim.

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6 Answers

john65pennington's avatar

I had wind damage from a tornado and Nationwide replaced my roof and my rates stayed the same. You should not have this problem of your rates being raised, just because of a claim that was created by an act of God.

Read your policy.

marialisa's avatar

@john65pennington
I have Nationwide also. Some people say that the insurance company can cancel you or raise your rates for any reason. I pay over 1,000/ year for a 3 bedroom townhome with 2 garages. I hear that is high already!

trailsillustrated's avatar

yes they can. and they do

YARNLADY's avatar

There are regulations about not raising rates when you have claims, but they get around that by offering claim free discounts, which they remove when there is a claim. You don’t pay a higher rate, you just are no longer eligible for the discount.

Adirondackwannabe's avatar

Most companies will cancel your insurance when you have two claims in a short time.

marialisa's avatar

@Adirondackwannabe I had one in June 2009, water damage.

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