Lloyds TSB: Advises to check your home insurance in the big freeze
Jan 06, 2009 | Comments 0
Check your insurance policy says Lloyds TSB Insurance after the cold spell has caused many water pipes to burst.
According to Lloyds TSB repairing burst water pipes can be extremely expensive, with the average repair costing about £1,400 and in some extreme cases costing up to £40,000 to repair.
Due to the UK seeing relatively mild winters the insurer has said that many homeowners are unaware if they are insured against their pipes and that they should make sure their pipes are insulated properly.
Lloyds TSB have said that if you prepare yourself now it would give you piece of mind, check through your insurance and see if you are covered for the freezing cold conditions that Britain is facing this winter, before it effects your home.
Source: moneynews
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