Freezing Britain – burst pipe and leaking water damage could top £7 million every day this winter warns the ABI
With Britain in the grip of freezing temperatures and snow, the ABI warns that damage caused by frozen and burst pipes and leaking water could top £650 million this winter – that is over £7 million every single day during the winter. Last winter, the coldest for thirty years, insurers paid out £644 million to homeowners and firms following damage caused by escape of water.
To reduce the risk of frozen and burst pipes during this winter, the ABI is advising householders to:
If a pipe freezes:
If a pipe bursts:
Nick Starling, ABI’s Director of General Insurance and Health, said:
“Freezing winter weather may have arrived early this year, but insurers are ready to deal with the misery and disruption it can cause. As well as offering advice on how to keep your home safe this winter, insurers are poised to come to the aid of homeowners and businesses that have to face the often considerable damage that a burst pipe can cause.”