Escape of water claim costs rise to £483m this year


Claims costs for escape of water have risen 24% for the first nine months of this year compared to the same period in 2014 according to the Association of British Insurers (ABI).

The latest ABI data showed that, in the first nine months of 2017, domestic escape of water claims cost £483m, rising 1% on the same period in 2016.

Between 2014 and 2016 the total cost of domestic escape of water claims jumped by 24% from £529m to £654m and in the last three years the average cost of these claims has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: