Recent bad weather could see a large number of people making claims on their house insurance, according to one expert.
However, Lloyd Wilson, head of Abbey home insurance product development said that the risk of damage caused by bad weather made it even more important that people had house insurance in place.
Mr Wilson said: "Our research shows that the risk of damage to our homes is an ever increasing reality and we need to prepare for it. The British weather is highly unpredictable but we can all ensure that, should the worst happen, we are correctly insured."
A survey carried out by Abbey found that 11 per cent of British homes had been damaged by the weather in the last five years.
It also found that the average cost of the damage is £2,699.
Large parts of the UK were hit by flooding last week following heavy rain.
House insurance very important, says expert
Financial Services > Home lnsurance > Home Insurance News
House insurance very important, says expert
Thu, 24 Jan 2008
Recommended links
Competitive home insurance deals at Homeinsurance.co.ukHome insurance quote form
Home insurance deals of the day
Home insurance information index
What is Contents cover?
What is flood insurance cover?
Compare home insurance companies
Abbey: Home insurance vital for important bedrooms
Home insurance market remains ultra-competitive
| Home Insurance news |
|---|
| Home insurance warning over bikes - Tue, 18 Nov 2008 |
| Home insurance warning for holiday makers - Mon, 17 Nov 2008 |
| Tesco offers home insurance discount - Fri, 14 Nov 2008 |
| More News |
Save on Your Mortgage
Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.
Protect Your Health
Find Critical illness, Life and Private Medical Insurance PMI policies.