You are here: Home - Insurance - News -

Ensure you insure

Written by:

Halifax Home Insurance predicts the industry will see a record number of claims for broken windows as Britain’s back gardens become sporting arenas.

The insurer already witnesses a 20% increase in claims against broken windows during the summer months. But this summer a number of extra factors have led the insurer to expect an even more dramatic increase in claims.

Firstly, claims usually hit their peak during and immediately after Wimbledon, but because this year the two weeks of Wimbledon and the World Cup coincide, it could potentially cause a double whammy for insurers.

Secondly, it is a commonly accepted theory that sporting success in a country leads to an increase in sports participation. This summer football pundits are predicting England could go all the way, Britain has three hopefuls at Wimbledon and the country is witnessing a renaissance in cricket. Add to this the dry summer that’s been forecasted and Halifax expects British participation in ball games could well reach new highs.

Vicky Emmott, senior underwriter for Halifax Home Insurance, comments:
“World Cup fever combined with die-hard Wimbledon and cricket fans could lead to our highest level of claims ever for the summer months. Undoubtedly fans will be eager to ‘Bend it like Beckham’, emulate Rusedski’s previous record breaking 149 mph serve or hit a boundary like Freddie Flintoff. It’s great that young and old alike are inspired by their sporting heroes but it might be safer to take ball games to the local park. Homeowners should definitely make sure they are covered for such events. Halifax provides accidental damage of this nature as part of the standard buildings cover.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Savings and borrowings on the up

The Building Societies Associations (BSA) has released the latest sales figures for building societies – and they show a surge...