Although many earthquakes do not gather such media attention, almost 200 take place each year in the UK. With one-in-four homes uninsured and some policies not covering earthquake damage, the potential cost of these acts of god could be staggering.
Tony Beckwith, Director of Abbey Insurance said: “Like the floods of 2007, it is hard to prepare your home for unexpected incidents like this mornings earthquake. These incidents can dramatically affect the structural safety of a home, but with a good insurance policy that offers comprehensive protection for your property, your ability to recover from the unexpected will be a lot easier. We would advise anyone affected to check their property, contact the relevant utility company or their insurer if they see anything unusual.
Around 1,100 home insurance claims have been made within the first 12 hours of this mornings earthquake, with many more expected to come in over the next couple of days. Abbey Home Insurance has already sent loss adjusters to the area to help customers affected and has made sure that its 24-hour claims line has additional staff to help cope with the expected demand.
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