Does insurance rates increase because of canceled claims?

Just curious

Aug 9, 2018 Richland, WA

Ava Lynch

Aug 9, 2018

Any time a claim is reported to your insurance company it can impact your rate. Even if the claim is denied or not filed, the insurance company can still report it. Any incident that shows on your record can impact your rates for up to five years. Each insurance company is different so I would check with your specific company for their rules and regulations. Good luck and if you have anymore questions, don't hesitate to ask.

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