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.

home insurance statistics

1. Number of Households Without Home Insurance

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.

2. Average Cost of Home Contents

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

3. Top Reason for Payouts

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

4. How Much is Spent on Escape of Water 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.

5. The Average Cost of Home Insurance

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

How Property Claim Assist Can Help

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

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Client Feedback

Reviews from previous policyholders that have appointed Property Claim Assist to manage their claim.

We pride ourselves on managing your property insurance claim, ensuring that we take the weight off your shoulders, with a stress free process.

“Thank goodness I had these guys by my side”

After a traumatic accidental house fire I was a little lost on how to deal with the insurance and the claim. I reached out to these guys and thank god I did! Simon and everyone else at Property Claim Assist were invaluable and I honestly don’t know if I could have got through it all without them. Handling a big and complex insurance claim is very stressful and complicated. The guys at PCA explained how everything worked and guided me through it all and took up a lot of slack and a lot of the work. Thank goodness I had these guys to depend on.

Paul, Fire Insurance Claim
“Professional Handling of the Claim while I was Overseas”
Professional, timely, efficient and effective handling of a massive Escape of Water Claim in a Grade II listed cottage. Gary knows the process, has the contacts and gets things done. I was having to deal with this loss while overseas, so having the Property Claim Assist interfacing with the insurance company, surveyor and contractors was a godsend. Would not have had such a fabulous remediation without Property Claim Assist.

Dr Ford, Fire Insurance Claim, Fire Insurance Claim

“Amazing from start to finish”

Where do I start…Property Claim Assist took our case on when no one else would. They have been brilliant from day 1. We were fighting a loosing battle with the insurance company. They were 100% professional and adept from start to finish. They have been patient and empathetic and got the job done. We will be forever grateful to PCA. The experience has been life changing in many ways but we are in a massively better off position than we were before we contacted them. I cannot recommend PC Assist highly enough.

Alison, Property Insurance Claim, Fire Insurance Claim