What is a common result of filing multiple insurance claims?

Filing multiple insurance claims typically leads to an increase in premiums for a policyholder. Insurance companies assess risk based on the claims history of their clients; when multiple claims are filed, it indicates a higher risk profile. As a result, insurers may raise the premiums to compensate for the increased likelihood of future claims. This adjustment reflects the insurer's need to maintain profitability while still providing coverage.

The other options do not align with the typical consequences of filing multiple claims. While premiums decreasing or coverage expanding are possible outcomes under certain circumstances, they usually do not result from a history of frequent claims. Similarly, while policy renewals may be affected by various factors, it is not a standard consequence directly linked to filing multiple claims. Ultimately, the increase in premiums is the most consistent outcome in this scenario.