Storms and heavy rain pushed up weather-related home insurance claims in the UK by more than a third last year to a record £573m, according to industry data

1 comment

1. Storms and heavy rain pushed up weather-related home insurance claims in the UK by more than a third last year to a record £573m, according to industry data.

   The repair bill for storm damage and other extreme weather during 2023 was £150m more than in 2022, the Association of British Insurers said, contributing to an overall 10% rise in residential property claims settled last year.

   The increase was fuelled by a succession of storms including Babet, Ciaran and Debi, according to the ABI. The weather total includes flood damage as well as burst pipes in freezing temperatures, which accounted for £153m, mainly at the beginning of 2023 at the tail end of a cold winter.