Axa warns of home insurance claims surge

A terrace of houses

The Olympics, Euro 2012 and the Diamond Jubilee will mean a surge in the number of people holding events in their own homes, and claims data from Axa shows that family get-togethers and parties increases accidental damage and losses. For example, on New Year’s Day 2011 the insurer experienced a 78% increase in losses.

Axa also warned that clever burglars would be aware of when homes will be empty.

The August Bank Holiday in 2011 saw a 24% increase in theft. According to Axa, criminals will use

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