Homeowners insurance is greatly misunderstood by many UK policyholders

Homeowners Insurance and Storm Damage

These customers face high risks as the harsh winter weather approaches. Now that the potentially damaging winter weather is getting closer, the risk associated with letting homeowners insurance go unpaid has increased significantly, but this hasn’t stopped many United Kingdom customers from doing so. A recent study has shown that sixty percent of policyholders do not understand their storm coverage. This research was conducted by Onepoll in September 2012 and involved the participation of 2000 U.K. homeowners insurance customers. What was determined was that these policyholders had a large number…

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Homeowners insurance industry is hoping early signs of cold will serve as a reminder

homeowners insurance information institute winter snow ice

The time has come for winter proofing homes and properties to help prevent damage. Though the majority of damage caused by winter storms is covered by homeowners insurance, it is highly recommended that efforts be taken to help protect the home against harm from frost, freezing, snow, wind, and other problems throughout the colder season. Some areas of the country have already experienced weather advisories for frost and freezing temperatures. Though these signs of winter are still very early, they are an important signal of how close the season truly…

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