Released on: October 11, 2011, 12:18 pm
Author: Confused.com
Industry:
Financial
From an Indian summer to predicted snowfall in a matter of weeks, Britain’s weather remains a mystery with adverse conditions severely affecting home insurance claims, Confused.com has found.
In the last year alone, storm related home insurance claims have risen by 68% overall, with policy holders in Central Scotland 117% more likely to claim for a storm.
Storms are not the only weather conditions affecting home insurance claims with lightning striking twice for 1 in 10 unlucky UK residents; particularly in Wales and the West where people are 89% more likely to be hit by lightning than the UK average. Surprisingly, London, known for its lack of green space is the area that is 47% more likely to make claims due to falling trees.
With unpredictable weather likely to continue as winter approaches, Confused.com is reminding customers to check their home insurance and make sure they are covered for adverse weather.
Mark Gabriel Head of Home Insurance said: "The consequences of having insufficient home cover are potentially severe. Many Insurers will offer home emergency cover as an optional extra on their contents policies - you will either be charged extra on your standard annual premium, or pay a monthly subscription fee.But make sure you shop around for cover as premiums can vary greatly between providers; a comparison site is a great way to do this."
Interested customers can read the full 'lightning strikes twice' home insurance
research here at Confused.com:
http://www.confused.com/press/releases/lightning-strikes-twice-for-nearly-1-in-10-customers-who-claim.
About Confused.com:
Confused.com is one of the UK’s biggest and most popular price comparison services.
Launched in 2002, it generates over one million quotes per month. It has expanded
its range of comparison products over the last couple of years to include home
insurance, travel insurance, pet insurance, van insurance, motorbike insurance,
breakdown cover and energy, as well as financial services products including credit
cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock
Exchange in September 2004. Confused.com is regulated by the FSA.
PR Contact:
Sarah Wenham
Confused.com Press Office
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Greyfriars Road
Cardiff
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02920 434275
www.confused.com