Estimates from Sainsbury’s Car Insurance say that the UK’s heaviest snowfall in twenty years will result in over 45,000 claims, costing insurers a mammoth £63million in pay-outs.
During the week that saw much of the UK covered in snow, claims were up by 45%, compared to the same week in 2008, causing Sainsbury’s to comment that [...]
UK Insurance News
Entries from February 2009
Icy weather costs motor insurers £63million
John Williams - Monday 16.02.09, 15:06pm
Theft claims will double warns Hiscox
John Williams - Thursday 05.02.09, 17:57pm
Claims for theft will rise by 100% in 2009 says the insurance company Hiscox, on the back of warnings from the government’s Home Secretary that burglaries are on the rise.
As unemployment hits new highs and the economic depression bites, the insurer warns that theft will become a major problem for homeowners in the UK. And [...]
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