Homeowners could face bills running into the tens of thousands, or more, if a burst pipe causes damage to their home in the upcoming big freeze – even if they have home insurance.
This is because many homeowners are underinsured – meaning they are at risk of only getting a fraction of the payout they expect from their insurer if their house is damaged during extremely cold weather.
Paul Walsh, CEO of Peopl.ie, said: “Burst pipes are one of the most common problems during icy weather.