Riot claim period could be extended to 42 days
On current estimates insured losses and damage suffered by individuals and UK businesses are likely to be well over £100m.
When a riot happens police compensation schemes are activated to cover organisations and individuals against losses that they could not possibly have predicted.
A statement from the ABI said that contrary to some reports, neither the Homes Secretary nor the police need to designate the events as a ‘riot’ for police compensation schemes to be activated.
The law sets out a
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