Keep in mind that filing a claim with SF will count as a loss recorded in the Lexis/Nexis ChoicePoint risk rating database. That means if you shop around for home insurance, you may likely no longer qualify for the best rates. Per an Orlando SF agent, when asked specifically about the potential for increased premiums as a result of filing a claim:
A personal articles policy (PAP) policy is considered a “fire” policy. Under the fire category is home, PAP, and inland marine policies. If there is a claim on any of these policies, it is recorded in Lexus Nexus and does affect your future rating if you intend to get any of those policies started as new business.
With State Farm (I can’t speak for other companies) if you do a PAP claim during a time where you have an existing home policy, it will not affect your rate. As I mentioned before, however, if you start a new home policy, it does have the potential to affect that.
Any claim on any property policy could be considered during underwriting for rating purposes by any carrier, so it’s no different than having an auto claim and then shopping your auto policy after.
I'm not saying that SF isn't a good option, but make sure you consider all aspects - go in with eyes-wide-open. Since the ChoicePoint database is accessible to ALL insurers, any claim recorded there can affect future rates even if your coverage is with another company.
If you are happy with your current home/life insurer, and you don't shop around at renewals, then there's probably little downside to a SF police and claim. But, if you're like me, and have broker research the best rates every year, this is NOT the way to go.
The DJI Refresh option is like term insurance. Any claims against it are not recorded anywhere.