[gallery size="full" ids="162046,162045,162044,162048,162049,162047"]

Insurance rates are based on risk, but there some factors that affect a policyholder's insurance more than others, like filing claims or, especially, multiple claims.

In fact, filing claims will raise rates more than any other factor besides poor credit.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.