Categories: Market update

Home insurance against accidents

Accidental damage and escape of water are the most common home
insurance claims (1) .

While we often think of threats like theft or fire, this research reveals that more
home insurance claims result from clumsiness than malice. Of 76,518 claims
made last year, accidental loss or damage at home, which can include everything
from staining a carpet to drilling through a pipe, accounted for more than a
quarter.

Escape of water made up another quarter of claims, while outside threats like
storm damage (13%) and theft (7%) were much less common.

However careful you are, accidents happen. When damage occurs, having the
right home insurance in place provides crucial peace of mind. We can help you
find the best protection for your needs.

As with all insurance policies, conditions and exclusions will apply

(1) Go Compare, 2023

Jake

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