Storms and heavy rainfall driving up property insurance coverage payouts

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Your help makes all of the distinction. Learn extra Some £1.6 billion price of property declare payouts have been made by insurers within the second quarter of this yr, in line with the Affiliation of British Insurers (ABI), with opposed climate driving a good portion of claims.

The full, to assist householders and companies bounce again from incidents which additionally embrace fireplace and theft, marks a 7% rise in contrast with the primary quarter of 2025.

Between April and June, insurers paid out £322 million for injury attributable to storms, heavy rainfall and frozen pipes. Of this, £198 million lined injury to folks’s properties and possessions, whereas weather-related enterprise claims totalled £124 million.

The typical property declare was £6,200 for households and £17,400 for companies.

The annual common worth of mixed constructing and contents house insurance coverage within the second quarter of 2025 was £391, £2 decrease than the earlier quarter, however £1 extra in contrast with the identical interval in 2024, the ABI mentioned.

The typical worth of buildings-only insurance coverage was down by £1 on the earlier quarter, at £321. This was £4 larger in contrast with the identical interval in 2024.

The everyday worth of contents-only insurance coverage within the second quarter of 2025 dropped to £129 – £2 down on the earlier quarter and £7 decrease than the typical worth paid within the second quarter of 2024.

Mark Shepherd, head of basic insurance coverage coverage on the ABI, mentioned: ”Our newest figures emphasise the important safety insurance coverage continues to supply folks and companies.

“In addition they underscore the rising affect of opposed climate on communities throughout the UK.

“With local weather change making such occasions extra extreme and frequent, prevention should turn out to be a a lot better a part of the answer.”

Louise Clark, supervisor of basic insurance coverage coverage on the ABI, mentioned: “Flooding and storm injury will be deeply distressing and disruptive.

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“Whereas we will’t management the climate, small preventative steps can go a great distance in defending our properties and decreasing the fallout.

“Clearing gutters, securing roof tiles, fixing any leaks, repairing cracks in doorways and home windows, and becoming flood gates or airbrick covers the place wanted, all assist restrict bodily injury when unhealthy climate strikes.

“It’s additionally essential to remain on high of your insurance coverage.

“Reviewing your coverage repeatedly, checking along with your supplier in case you’re not sure what’s lined, and holding your own home in good restore are important to making sure you’re totally protected when the sudden occurs.”