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Friday 11 September 2015

Millions of Pounds to go Up in Flames

Insurance is, often rather harshly, regarded as an infernal industry; but in regards to thatched properties the adjective is proving rather justifiable.

For millions of pounds will continue to be paid out for chimney fires in the UK if troubling trends continue.

Insurers NFU Mutual insist that chimney fire claims, which could amount to £4million last year alone, are almost entirely avoidable.

We recently reported on Assets to Ashes, a campaign set up by NFU Mutual which is intended to raise awareness of property fires which are more prevalent in the winter months. As specialist thatched property insurers, E&G Homes - our home and contents insurance branch - feels particularly inclined to promote awareness.

Indeed, Chloe Drinkwater, a specialist at NFU Mutual, has stressed that thatched properties are susceptible to particularly destructive conflagrations:

“Many homeowners do not appreciate the additional cost of re-building a property, particularly if it is thatched, so it is important that people check that their buildings and contents are properly insured should a fire occur,” she explained.

For specialist Thatched property insurance, click here.

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