UK-based Sainsbury's Finance has estimated that the storms that have battered many parts of the country this month have so far generated as many as 20,400 home insurance claims.
However, the company notifies that hundreds or thousands of other homes may have been damaged by the recent storms but are without insurance. Indeed, its research has revealed that 10% of adults are without contents insurance and 5% of those people who own a home do not have buildings cover.
Neil Laird, manager of home insurance business at Sainsbury’s Finance, said: Bad weather is increasingly the culprit when it comes to damage to homes and really highlights the importance of having adequate cover in place.