Today, Prestige Underwriting has found the average cost of fire-related Home Insurance claims has risen to over £24k due to, in part, the growing usage of lithium batteries.
Last year, LV= issued multiple fire-related warnings after a 40% increase in fire claims. At the time, the insurer had been handling claims costs totalling £1.2m following the...
Following the recent warning issued by LV=GI detailing the effects of extreme heat, Top Gear’s Jeremy Clarkson has taken to Twitter to report a harvest halt due to “the...
Insurers and ministers have entered advanced talks to create an insurance pool that would spread the risk of covering fire-risk apartments, according to several individuals familiar...