Financial Intel Monthly

A Home Insurance Claim: To File Or Not To File

Feb 14, 2020 10:50:00 AM / by The Retirement Group posted in CAM Annuity, Chevron, ERB, ESRO, ExxonMobil, Financial Planning, Hewitt, In Service Withdrawal, Lump Sum, Northrop Grumman, Option 1 Withdrawal, Pension, Pension Options, Retirement, Retirement Planning, Verizon, 401K, 72t, Age Penalties, Benefit Commencement Date, Workshops, TRG, Home Insurance, Claim

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Insurance is meant to protect you against financial loss. But is it really meant to protect you from any and all financial loss? When it comes to filing a loss claim on your home insurance, there may be times when not filing may be the wisest course of action.(1)

According to one study, filing just a single claim could increase your monthly premium by 20 percent, depending on where you live.(2)

What About My Premium?

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