Citizens Insurance claim for 10k, good idea or bad idea?

[Sean Ruggiero]

Hi guys, hope you all are doing well in this Holiday time! I've had a stressful and expensive month this month with a number of pricey things pop up!

A couple days ago I had a company repave my driveway and the 52 year old cast iron pipe under the driveway started causing problems. A couple quotes later and it looks like 8 grand or so to replace. 

An insurance adjuster said he would create a claim for me for Water Damage inside the building. He looked at my DP3 Citizens policy and said he'll get me 10 grand and charge 20%. He said a claim won't affect my policy rate or get me dropped from Citizens. Is that true? 

Has anyone filed a claim with Citizens Insurance, and has their policy gone up? Any info on if this is a good idea or not? I sure feel like I could use the extra 10 grand right now, but not if my policy just gets messed up from it. Any thoughts?