Halloween insurance claims always rise, often more than any other day

Halloween insurance claims - Jack-O-Lantern

As much as trick-or-treating may be fun, it can also lead to some of the costliest claims to insurers. Insurers are gearing up for another holiday of Halloween insurance claims, as is the case every year. As fun as this day may be for kids of all ages, homeowners and car owners often face some of their worst outcomes. Data shows that home and auto theft and vandalism claims are consistently high on Halloween. Therefore, insurers always encourage homeowners and car owners to review their policies before Halloween insurance claims…

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Insurance claims from Halloween vandalism are getting bigger

halloween homeowners insurance claims

Statistics have been revealing that claims from damage on that day are adding up to millions of dollars. Despite the fact that Halloween is usually celebrated through fun and costumes, the rising number of insurance claims being filed every year have shown that it is also a time that a smaller number of people decide to take part in vandalism. This, according to the statistics that were released by the Property Casualty Insurers Association of America. Statistics have revealed that there are more insurance claims for vandalized property filed following…

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Homeowners insurance claims rise following Mischief Week in the U.K.

Vandalism Homeowners Insurance Claims

Estimates are saying that over five million houses have already been damaged. The most recent estimates are saying that more than five million houses in the United Kingdom have experienced damage this week, leading to another round of homeowners insurance claims related to “Mischief Week”, which includes Bonfire Night and Halloween. Predictions are suggesting that this will lead to about £1.4 billion in repair costs. This means that each affected property will receive an average of £273. The most common cause behind these damages is thrown eggs. However, 1.5 million…

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