Accidents WILL happen – and at a cost of £8m extra on home insurance premiums!

June 19, 2015 2:22 pm

Accident-prone British households are costing themselves an extra £8m in home insurance premiums as a result of claims which relate to totally avoidable incidents. Research (of 2.8million home insurance quotes), found that 80% of claims boil down to four main types of incident Accidental damage, Escape of water, Theft and Storms and floods. But more frustrating – given that premiums go up when you make a claim – is that the majority of claims (51%) come from incidents that are TOTALLY avoidable. Accidental damage Just shy of 32% of home insurance claims are down to accidental damage, according to our...