If its car insurance then it often(but not always) means you lose your no claims bonus, which puts your premiums up.
House insurance doesn't normally go up for small claims but premiums are assessed more on the risk of something happening again- so if you were flooded they may put your premium up as they think it is more likely to happen again.
I'm not sure about accident insurance or other types of insurance.sue:wave:
annual rises are to do with inflation not what claims you might have made