Overview
Your price may go up at your next renewal if you file a claim. How much your price changes depends on the type of claim, your claims history, your policy and the cost of the damage.
This applies if you have a YouSet policy and you're thinking about making a claim.
What affects your price after a claim
- The type of claim
- Your claims history
- Your policy details
- How much your insurance company pays for the damage
Should I make a claim?
Only you can decide, but comparing the cost of the damage with your deductible can help. Your deductible is the amount you pay yourself before your insurance company pays for a claim. You can find it in your policy documents.
- If the cost of the damage is less than your deductible, you can't make a claim.
- If the cost is close to your deductible, think about whether a claim is worth it. Paying for the damage yourself may cost you less than months or even years of raised insurance prices.
Frequently asked questions
Will a claim that wasn't my fault raise my price?
A claim that wasn't your fault may have less effect than a claim where you're at fault, but this depends on the situation, your insurance company and your province.
How can I lower my price after a claim?
See our How to lower your insurance premium article for ways to save, like discounts and bundling.