Home  -  Insurance

Insurance

Winter Repairs Cost Homeowners £17bn

Insurer Direct Line calculates the annual cost of winter damage to homeowners

3rd December 2005



Home insurance provider Direct Line has estimated that the annual cost of winter repairs to homeowners' property amounts to a massive £17bn.

The average damage inflicted by winter weather on a home will cost nearly £700 a year to fix, with the main culprits being wind damage to gardens and roofs, with blocked and burst pipes costing up to £2,250 to repair.

Despite this, some 62.5% of homeowners nationally take no action at all to protect their property from damage during the coldest months.

Simon Ziviani of Direct Line comented on the research:

"With severe weather predicted this winter, Direct Line is advising homeowners to prepare and protect their homes and particularly those in high risk areas"


Products from Direct Line : MortgagesTravel InsuranceLife InsuranceHome InsuranceLoansMotor InsurancePet Insurance'Driving For Less''Living For Less'


More Direct Line News : New Fixed Rate Mortgages from Direct LineKennels Responsible for £46m in Vet's BillsDirect Line Introduces No Claims Discounts for Named DriversMotorists Count Cost of VandalismYoung Renters £7.6bn Insurance GambleSee all 9 Direct Line stories >>>


Home  -  Insurance