The winter weather over the last few months has cost in total around 650 million pounds in insurance claims. The freezing weather, huge amounts of snow and ice has meant that the number of insurance claims has risen massively. These claims are relating to weather damage for example housing damage caused by large amounts of snow. Other insurance claims include motor vehicle damage where drivers have been unable to control their vehicle on the icy roads.

Its not only the snow and ice causing problems. The floodings that have happened around the country has also caused a problem for insurers with huge amount of flood damage claims. Last winter was recorded as the coldest winter in the last 30 years, insurers are no doubt hoping that this winter doesn’t cause similar problems and cost even more money in insurance claims.