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Claims for winter weather property damage rise 200%

by: Mortgage Solutions
  • 23/11/2011
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Claims for winter weather property damage rise 200%
The number of home insurance claims resulting from winter weather damage has soared 200% in the last three years, as severe snow storms and heavy rain took their toll across the UK, according to research.

M&S Money found that winter weather damage now costs more than £600m a year for both insured and uninsured homes.

However, it revealed that 30% of households are not covered for the cost of damage from winter storms.

It revealed this was a result of people either not putting a policy in place or having it invalidated due to lack of maintenance, with less than a third of those surveyed carrying out basic property maintenance in the last two years.

M&S Money figures showed that the average cost to repair winter storm damage is nearly £600.

Wind damage is the most common issue, while snow and heavy rain have become an increasing problem in the last two years.

Fleur Carruthers, home insurance manager at M&S Money, said: “We recommend homeowners make time over the next couple of weeks to check their homes are in a good state of repair and ready for winter. Carrying out basic maintenance can prevent damage from occurring and, should the worst happen, ensure a claim is valid.”

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