If your home gets damaged by a flood, falling tree, or other random accident, you'll want to know how to file a home insurance claim. Homeowners insurance can help you cover the costs of repairs, providing some much-needed financial relief. But before you file that claim, you'll want to know the process (and the consequences) so you can plan accordingly. Here's what you need to know about filing home insurance claims.
How much will I get paid?
Are there consequences to filing a claim?
"You'll look like a risk," says Gusner. “Depending on how large the claim is and how many you’ve had, your insurer may ‘nonrenew’ you for the next period.”