Expensive Home Insurance Claims in Ventura, California

Ventura homeowners, watch out for these costly claim events.

As a homeowner, you probably understand that filing a claim will result in your homeowners insurance in Ventura, California, becoming more expensive.  However, what many homeowners do not know is that certain types of claims will actually cause their rates to increase more drastically than others.  Here is a ranking of the most expensive homeowners insurance claims.

1) Fire Claim

  • Average Premium Increase in Dollars: $273
  • Average Premium Increase in Percentage: 20%

(After 2 Claims)

  • Average Premium Increase in Dollars: $577
  • Average Premium Increase in Percentage: 44%

2) Liability Claim

  • Average Premium Increase in Dollars: $260
  • Average Premium Increase in Percentage: 19%

(After 2 Claims)

  • Average Premium Increase in Dollars: $521
  • Average Premium Increase in Percentage: 39%

3) Theft Claim

  • Average Premium Increase in Dollars: $253
  • Average Premium Increase in Percentage: 19%

(After 2 Claims)

  • Average Premium Increase in Dollars: $502
  • Average Premium Increase in Percentage: 38%

4) Water Damage Claim

  • Average Premium Increase in Dollars: $228
  • Average Premium Increase in Percentage: 16%

(After 2 Claims)

  • Average Premium Increase in Dollars: $433
  • Average Premium Increase in Percentage: 33%

5) Weather Claim

  • Average Premium Increase in Dollars: $107
  • Average Premium Increase in Percentage: 8%

(After 2 Claims)

  • Average Premium Increase in Dollars: $194
  • Average Premium Increase in Percentage: 16%

6) Personal Injury/Medical Claim

  • Average Premium Increase in Dollars: $76
  • Average Premium Increase in Percentage: 6%

(After 2 Claims)

  • Average Premium Increase in Dollars: $146
  • Average Premium Increase in Percentage: 13%

Watch out for these expensive home insurance claims.  Do you have further questions about your homeowners insurance in Ventura, California?  If so, then contact the experts at John E. Peakes Insurance Agency.  We are ready to assist you with all your homeowners insurance needs today.

By John E. Peakes Insurance Agency

Since we opened in 1969, John E. Peakes Insurance Agency Inc. has provided personalized insurance solutions for local families and businesses. As an independent agency, we can offer our clients a wide range of coverage options from over 30 carriers. From homeowners and auto insurance to business coverages such as commercial property and general liability insurance, we have the policies that you need.

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