Brits’ love of horseplay costs £325m to damage to homes
June 17, 2008 by admin
Filed under News, News-Insurance
The biggest cause of damage to homes has been found to be ‘horseplay’, which results in a total bill of £325 million each year, a new report has found.
Research from Tescocompare.com has revealed that one in four accidents in the home is caused by Brits ‘messing around’.
A further £95 million pounds worth of damage is the result of people having a little too much to drink and causing an accident, the most common type being a spillage, according to the study.
More than one in three say they have damaged carpets, curtain or furniture by spilling something on them.
Commenting on the research, Paul Baxter from Tescocompare.com, said: “As the saying goes accidents do happen – and this research suggests many of us suffer financial loses on an annual basis. You can insure against accidental damage.”
In related news, the website recently revealed that 64 per cent of Brits stayed with the same home insurer last year even though 44 per cent saw a price hike.
Kent quake leads to increased insurance claims
May 1, 2007 by admin
Filed under News, News-Insurance
Following the earthquake that struck Kent on Saturday April 28th, Lloyds TSB Insurance has reported a significant rise in the number of claims being received.
The quake registered 4.3 on the Richter scale and caused damage to a number of homes and properties in the region.
Lloyds says that it has been contacted by many of its 2,000 customers in the area, with many reporting collapsed chimneys, damaged walls, driveways and pathways.
However, the firm says that it is also actively contacting its customers in the affected region to see if they need to make a claim on their home insurance.
“As always in situations like this, time is of the essence,” explained Phil Loney, managing director at Lloyds TSB Insurance. “We have made sure that all our staff are fully prepared to handle the increase in claims following the earthquake.
“However, we’d urge anyone who has been affected to follow our advice and give us a call as soon as possible.”
Those who need to make a claim are also being encouraged to check their policies to see what exactly is covered.
Emergency repairs should be carried out as soon as possible and receipts should be kept so that a claim can be made later, however, it is vital that the insurer is contacted first as they may wish to inspect the damage first.
