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€220M Paid Out by Insurers from December Freeze Claims

Picture of houses & cars during the snow 


I know it’s a lovely, sunny day today. But it is only a few months since we had freezing cold weather. Did it affect your home or business? 

Last week the Irish Insurance Federation (IIF) announced that a whopping €224m was paid to home and business owners as a result of the BIG freeze that hit Ireland in December 2010. That’s a lot of money.

Burst pipes caused damage to businesses & homes all over Ireland resulting in almost 30,000 claims, with household claims costing a staggering €173.1m …WOW

Mike Kemp, Chief Executive, IIF said, “The scale of damage caused by the December freeze should not be underestimated and the subsequent quick response from insurers assisted many homeowners and businesses in getting back on their feet as fast as possible.”

 

So although the weather is great at the moment FirstQuote would advise people to check their homes and business premises now to take the necessary steps to ensure tanks are properly lagged and that exposed pipes are insulated. In doing this you will help keep the cost of claims down & in turn help insurers provide cheap home insurance.

 Call Gareth at 01 634 9333 or visit FirstQuote.ie to get a free insurance quote & see what money you can save today.

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