After a wave of powerful storms swept through Georgia, many homeowners are left dealing with fallen trees and damaged houses. If you’re one of them, you might be wondering whether to file an insurance claim — but it’s not always a simple decision.
While storm damage claims usually don’t immediately raise your rates, every claim you file gets recorded in an industry database. Think of it like a credit report, but for insurance. And just like your credit history, your claims history can affect your future coverage and premiums.
According to the Consumer Financial Protection Bureau (CFPB), insurance companies share claims information through databases like the Comprehensive Loss Underwriting Exchange (CLUE) and A-PLUS by Verisk Analytics. When you apply for coverage, insurers check these records to see how risky you might be as a policyholder.
Filing multiple claims in a short time can mark you as high-risk, which might lead to higher premiums or even trouble getting coverage at all. So before you file, consider the type and cost of damage you’re dealing with.
For major damage — like a tree crashing through your roof or serious structural issues — filing a claim is usually necessary, especially if repair costs exceed $5,000. But for minor damage under $5,000, paying out of pocket could save you from being flagged as a high-risk customer, especially if you’ve already filed claims recently.
This is especially important when it comes to hail damage. Some roofing companies might promise to get you a brand-new roof through your insurance, but they don’t always explain the long-term impact on your claims history. Too many claims could mean higher rates or even policy cancellation.
If you’re curious about your insurance claims history, you have the right to check it. You can request reports from LexisNexis (CLUE reports) or A-PLUS to see what insurers see when they assess your risk.
Finally, if you’re hiring contractors for tree removal or roof repairs, take a few precautions:
- Get multiple quotes to compare prices and services.
- Make sure the company is licensed, insured, and has good reviews.
- Be cautious of “storm chasers” — out-of-town contractors who show up after storms and may offer poor-quality work.
- Avoid paying the full amount upfront. Reliable companies typically don’t ask for full payment before starting the job.
Taking the time to weigh your options and choose the right contractors can help you avoid costly mistakes down the line. Stay safe and make smart choices!
