UK Insurers Hit by Subsidence Claims Surge After Record Hot Summer

RecentNews.uk

Aviva reports a peak period for domestic subsidence claims following a prolonged hot summer.

Rival insurer Hastings Direct noted a 140% year-on-year surge in subsidence claims during August.

The average cost of a UK subsidence claim reached a record £20,000 between April and June.

The British Geological Survey warns that up to 4.2 million UK homes could face subsidence risks by 2070.

Are you concerned about the risk of subsidence affecting your property value?

Tap below to vote and see what others think.