Halloween proves a difficult period for insurance companies
Insurance company Aviva has today issued a statement warning customers to be wary of damage to their cars and burglaries over the Halloween and bonfire night period. The company has released statistics showing that on Halloween and bonfire night especially there have historically been significant increases in claims with regards to damage to motor vehicles and burglaries.
The figures show that car thefts and burglaries, not to mention damage to cars, increase by 25% purely and simply because of Halloween and bonfire night, a time when many people will be away from their home or at best, less vigilant than they normally are. The company has also issued a warning with regards to fire damage from fireworks and advised customers they should only buy fireworks from reputable retailers to ensure they are as safe as they can be.
There are also potential issues with regards to personal safety and the safety of guests, should you decide to hold a party in your home, which many insurance companies are advising customers to consider. Without taking the gloss off two potentially very enjoyable evenings there are issues which need to be addressed and safety needs to be paramount, no matter where you are or what you are doing.
Share this..
Related stories
Business leaders demand revamp of UK gas storage system
After news that a number of UK companies had their gas supplies cut off over the last few days, business leaders in the UK have today called on the UK government to introduce an obligation on UK gas suppliers to store backup gas supplies in the UK. Despite the fact that we take our gas supply for-granted in the UK, the revelation that just eight days of backup supply are available onshore has shoc...
Read MoreDodgy builders cost homeowners millions
As many as one in ten homeowners are left to foot bills of over £1,000 for damage caused by builders, according to recent research.The study conducted by Abbey Home Insurance showed that as many as one in five people have had their homes damaged by builders, with the average cost of repairs being £224.Prasad Shastri, Abbey's head of insurance marketing said: "The potential damage that could be c...
Read MoreWellcome Trust Takes An Interest In Marks And Spencer
Amid rumours of a possible takeover bid and merger approach it has been confirmed that the mystery buyer of 39 million Marks and Spencer shares is actually the Wellcome Trust - the largest charity in the UK which regularly pumps millions of pounds into biomedical research. So why has the charity taken an interest in Marks and Spencer?
The investment in Marks and Spencer is nothing...
Insurance industry 'can stay competitive'
Insurers can ride out the current difficulties facing the industry as costs rise, with the consumer set to benefit.That is the message from the Association of British Insurers (ABI), which says that soaring costs to the tune of 75 per cent in bodily injury claims since 2000 and 66 per cent in accidental damage claims can be negotiated.Speaking to BBC Radio 5 Live's Wake Up To Money,...
Read MoreBuyers move into pole position in housing market
At the start of 2010 there were high hopes for the UK property market with signs that the market was stabilising and looking to move ahead in the short to medium term. However, problems in the European economy, liquidity issues and concerns about the UK economy, in particular ahead of the budget, have had a massive impact upon sentiment. It now looks as though buyers are in the ascendancy although...
Read More