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3 Insurance Myths:

  1. If I file a claim my insurance company will cancel me- ABSOLUTE MYTH!  Insurance companies are prohibited by law from cancelling a property owner for filing a valid claim
  2. If I file a claim my premiums will go up- ABSOLUTE MYTH!  Insurance companies must file their rates and receive approval from the SC Insurance Department for all rate increases by blocks of similar policies, not individual policies
  3. My insurance company settled my claim a year ago and now I have found more damage, they say theclaim is closed and I must pay for repairs- ANOTHER MYTH!  The statute of limitations for re-opening a claim in SC is 3 years.  If other damages are discovered that relate to the initial loss, they may be covered for up to 3 years!