Uninsured homeowners face costly storm damages

Wed, 12 Mar 2008

As Britain faces further stormy weather, a new study has warned that nearly two million homeowners do not have buildings insurance .

Around 1.78 million households are without buildings cover show figures released by Sainsburys home insurance . In addition, 656,000 people claimed they did not know if they had buildings insurance at the moment.

"Thousands of homes could be at risk from storms this week so it’s alarming to see so many without buildings insurance," commented Neil Laird, home insurance manager at Sainsbury's.

"The growing number of weather-related instances really highlights the importance of having adequate cover in this area and unlimited buildings cover ensures peace of mind that you won't be left underinsured should the unthinkable happen."

Experts at moneysupermarket.com suggested that periods of bad weather generally encouraged more people to consider home and buildings insurance . During the floods last summer, the site saw an increase of 300 per cent in applications for home insurance.
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