Although not required by law, home insurance provides essential cover should the worst happen to your property. There are three types of home insurance you can purchase. This includes buildings insurance, contents insurance and a combined buildings and contents insurance.

Property Claim Assist are here to provide you with 5 home insurance statistics so that you can better understand the insurance industry.

There are 22.6 million homes in the UK. Over a quarter (6 million) homes in the UK don’t have any form of home insurance. Find out all you need to know about home insurance here.

The average home has contents worth in excess of £35,000. That’s why contents insurance and taking a home inventory is so important.

Water damage accounted for over 30% of home insurance payouts.

£1.8 million Is paid out every day for ‘escape of water’ claims. Here’s a guide on how to handle escape of water insurance claims.

The average home insurance cost (for both building and contents cover) is £309 per year.

We hope this article has shed some light on the insurance industry and what you should expect. Should your property suffer damage, our expert loss assessors are on hand to help. We provide you with full property claim management and representation, an accurate claim valuation and a full property repairs service, at no charge.

It’s hard to see who wouldn’t need this sort of expert help, to get them back on their feet following property damage. If you realise that you do, we are just a call away.

Accessing support with your own property insurance claim, or that of a loved one, is extremely simple. Just call Property Claim Assist on 0333 577 2720 or gain more information at www.propertyclaimassist.co.uk