Home insurance: What leads to the most claims?

Can you guess which problems lead to the most homeowner’s insurance claims?

Water leaks? Burglaries? House fires? Nope.

Nationwide, wind and hail generate more claims than anything else. Those maladies of Mother Nature tear off shingles and leave divots in roofs that eventually lead to leaks.

While those types of claims are the most common, they aren’t the most costly. Fires are among the most costly homeowner’s insurance claims. The good news, though, is that fires don’t happen nearly as often as most other types of home disasters, arising on only a half-percent of policies nationwide.

Want to take a look at the numbers yourself? Or, if you want some additional information, here is a great source.

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