It’s not worth claiming on your home insurance policy until the cost of an incident is substantially above the deductible you have on your home insurance policy. If you claim on your home insurance, you pay for the deductible first before the insurance company pays. It also costs you in a double-hit with increased insurance cost, due to a claims surcharge, loss of claims-free discounts and raised premiums for up to five-seven years average afterward. Many don’t realize that if you file a claim and the insurance company doesn’t pay out, you still have a ding on your claims history because you filed a claim. A claim is a claim whether an insurance company pays out or not.