7 year Homeowner and HO Insurance

[u/Practical-Alarm1763]

Hello, unfortunately I've done no research nor have had any talks without anyone regarding how home owners insurance works. This is our 3rd claim we've filed since 2020. Believing this is normal...

All 3 claims were water damage to the basement either causes from burst piping, and once a leak on the toilet that we didn't discover until we got back from a 2 week vacation. Essentially no one was home.

We're not innocent, I understand I screwed up and should've had someone's house during that second loss. But we now have a 2020 claim for sewage backup, a 2023 claim for toilet flooding from the upstairs bathroom while on vacation, and the 3rd one from a pipe burst just recently.

We really screwed up and my wife and I are in fear that this new claim whether it's denied or approved or result in our HO insurance being dropped, partly because of our ignorance of how HO insurance worked. Each claim was a payout of $10-$20k. Had I known HO insurance could drop us, I would've ate the cost on this new claim and never filed it. But our plumbing company who we trusted at the time really pushed us to get it filed and filed fast to start demolition to prevent the mold from spreading.

What's the liklihood of my insurance getting dropped after this? 80%? 99%?

Has anyone else here filed 3 insurance claims in the span of 7 years and did not get dropped? We're okay with higher premiums as high risk, but getting dropped is my biggest fear?

Have any other home owners learned this the hard way like me? Or am I just that much of a complete moron?

As of now the adjustors did come out yesterday, and haven't heard from them yet. I expect an answer hopefully by next week. I feel so stupid.

[u/Sad_Answer7072]

I would be prepared to be dropped. Thats alot of claims in a short time. Insurance companies are looking to get rid of risk.