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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

As extreme weather increases, watertight insurance is a must

The average flooding claim is £48,551 for a building and £11,489 for contents.
The average flooding claim is £48,551 for a building and £11,489 for contents. Photograph: Christopher Furlong/Getty Images

Consumers face the prospect of increasing home insurance costs as flooding and other extreme weather events drive up premiums.

The price of home cover, where both buildings and contents are insured, went up by 40% last year on 2022, according to consultants Pearson Ham.

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