Quarterly weather damage claims payouts hit record £200m
In the first quarter of this year, claims for weather-related damage to people’s homes and possessions topped £200m for the first time ever, according to data from the Association of British Insurers.
Payouts surpassed the previous quarterly record from Q1 2022 by £67m.
The data also revealed that claims for adverse weather damage totalled £226m, £80m (55%) more than the previous quarter.
A record
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