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The Markets
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Insurance

Insurance claims hit record high due to poor UK weather

Insurance claims between April and June hit a record high as the UK grappled with poor weather, the Association of British Insurers (ABI) has reported.

Some £1.4 billion was paid out to homeowners over the period, up 5% against the previous three months, marking the highest quarterly figure since records began in 2017.

This came as the UK faced a spate of poor weather between last autumn and spring, with official data showing rainfall from October to March led to the country’s second wettest period on record.

Weather-related insurance claims sat above £100 million for the fifth consecutive quarter between April and June, the ABI said, at £144 million.

Average payouts climbed by 16% over the three months to £5,284, with consumer group Which? warning some had struggled to make claims.

“Good quality home insurance is increasingly important, yet customers with these products face some of the lowest claims acceptance rates,” Which? said.

“While some home insurers' prices are going up, research has found that some are prolonging customers' ordeals by failing to deal with claims in an appropriate manner.”

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