Daily Insurance Industry News
Daily Insurance Industry News
Monday 24th of September 2018
January 24, 2008

British weather puts homes at risk

by Richard Kilner

Story link: British weather puts homes at risk

Abbey Home Insurance has warned that ever increasing numbers of British homes could be at risk from hazardous weather conditions.

Dangerous weather conditions cause an average damage of £2,699, the firm has estimated.

In addition, 5% of damage is reckoned to occur within a home, a fact that is often overlooked.

Abbey Home Insurance’s chief of product development, Lloyd Wilson, described the damage caused by flooding as becoming a yearly nightmare.

Wilson went on to say that, as the British weather has recently illustrated how unpredictable and potentially dangerous it is, it remains vital for homeowners to take out the correct insurance.

The best known examples of extreme weather are the floods that occurred in Yorkshire, Gloucestershire and elsewhere last summer, and the floods that struck parts of the UK this January.


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