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Updated almost 6 years ago,
insurance increase for property B if make claim on property A?
I have 2 investment properties, both in different states. One has a major water leak underneath -- according to the leak detection company. I have Safeco that insures both investment properties. I am anticipating that the repair cost will be very expensive. If I make a claim, will the premium on my other property likely go up? Never made any claims before.