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Home insurance policyholders given claims advice

08/03/07

Home insurance customers have been offered tips on how to make a claim in the event that their property sustains flood damage.
 
This week, 29 flood warnings have been handed out for areas across the UK amid concerns that heavy rainfall is on the way.
 
And home insurance policyholders who find contents swept away or building foundations damaged have been urged by Lloyds TSB Insurance to contact their home insurance company as soon as possible.
 
Also, should emergency repairs to the property be deemed essential before the home insurance company can send out assessors, homeowners have been told to ensure they keep receipts in a safe place to speed up the home insurance claims process.
 
Finally, homeowners should avoid turning on gas and electricity supplies if their property is flooded to protect themselves and minimise the risk of causing further damage to the house, the home insurance provider has indicated.
 
"The number of flood warnings in place is cause for concern, but with the right preparation and know-how, it is often possible to get things back to normal relatively quickly if your home is damaged," commented Phil Loney, managing director of Lloyds TSB Insurance.
 
"If you have been hit by floods, you should get in touch with your insurer straight away."
 
One of the most high-profile flooding cases of recent years caused havoc in the Cornish village of Boscastle in 2004, when flash floods overturned cars and washed away thousands of pounds of valuables from local homes.
 
A further financing problem may now await residents of the village, since home insurance companies typically hike premiums for areas that have been recently affected by flood damage.
 
To find home building and contents insurance, go to Dial Direct