£93.4 million of bills for calamitous neighbours
Homeowners are having to shell out £93.4 million collectively every year to pay for damage to their property caused by their neighbours, according to Abbey.Approximately 543,000 homes will suffer damage caused by bungling or malicious neighbours, with £172 the average cost to put damage right. Yet one in twenty incidents involving neighbours will cost over £1,000 to repair.One in ten households in London said they had been affected by 'calamitous neighbours', making the capital the worst part of the UK for neighbourly damage. Welsh neighbours were the best in this instance, with people in Wales the least likely to be affected.Prasad Shastri, head of insurance marketing at Abbey, said: "Not all damage caused to people's homes by their neighbours is malicious, in many cases this type of damage is accidental. However there are often misconceptions about whose insurance is to be used to claim for it. "It is always the policy holder of the damaged home that will need to submit a claim. For example, if your neighbour was to cut down a tree that accidentally breaks a window, it is only you that can claim for damage to your property, not your neighbour, highlighting how important it is for you to make sure your insurance covers you against accidental damage caused to your property by other people."
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