Homeowners cough up for neighbours' accidents

23rd September, 2005

Nearly on in two neighbours is making a claim on their home insurance policies for damage to their property that they know their neighbours have committed.

With 45 per cent of Brits making this claim, it is important that Brits have adequate home insurance cover to protect themselves in this eventuality, especially as they will not approach their neighbours about the problem.

A third of Brits said they had too much of a stiff upper lip to confront their neighbours, and one in nine said they would cough up simply because they would not want to fall out with the people next door.

Worrying, one in twelve would keep quiet because they wouldn't like to drag up a simmering feud.

Home insurance companies are warning consumers that keeping quiet costs money – whether this is in higher home insurance premiums or through paying for repairs out of pocket.

One in four bills amount to £500 and Tesco Home Insurance are advising homeowners to think carefully when making the decision to pay.

 

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