It is estimated that the cost of flood damage in 2012 will be £1bn. “So what” you may ask, “That’s what insurance is for”. Yes it is, but insurance is all about protecting against unforeseen events, not things that are likely to happen. Insurers now have more and more data about the likelihood of flooding… Read more »
Tag: flood insurance
Winter Weather Precautions
Hope you enjoyed the summer!! Just to make it worse, now is a good time to prepare for the coming winter weather and those darker nights. Here are a few suggestions to help. Flat roofs – Insurers don’t pay out if they are poorly maintained and they are very susceptible to wind and storm damage… Read more »
Flood Insurance Claims Up
The average cost of a burst pipe claim has reached £25,000 according to AXA insurance, with the total number of claims up by around 50%, following two successive winters of big freezes.
Who pays if you have to move out?
Claims for damage to homes following burst pipes increased last year and the scenes of flooded houses are becoming all too familiar. Repairing the damage is one thing, but if you have to move into temporary accommodation for several weeks or even months, would all your costs be insured? The amount that insurers will pay for… Read more »
Insurance Tips – Autumn Weather
With autumn upon us and winter approaching, now is a good time to start taking some precautions to help prevent damage and keep you on the right side of your insurance policy conditions. Your Home Keep gutters and gulleys clear of leaves and other debris to help prevent water damage and flooding. Check the condition… Read more »
Guidance for Businesses – Managing your Flood Risk
Introduction Recent flooding events experienced across the UK, particularly over the last decade, have shown the devastating impact that flooding can have on property, businesses and individuals. While it may not always be possible to eliminate the risk of flooding altogether, many practical steps can be taken to reduce the risk of flood damage and… Read more »