October 12, 2011
Lightning Increase In Insurance Claims
The results of a survey conducted by online price comparison website confused.com, one out of ten customers who claim for property damage caused by a lightning strike, make a further claim within five years.
But lightning is the only element of nature to be cited as the cause for payment, claims have increased by 68% for general storm damage like flooding and fallen trees etc.
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."
