Storms Dennis and Ciara damage set to cost more than £360m
The clean-up bill following storms Dennis and Ciara is set to top £360m, according to insurers.
The Association of British Insurers (ABI) said initial estimates show the industry expects to make payments of £363m to those customers who have been affected.
Some £214m is going on flood claims and £149m is being used to repair windstorm damage.
The last time several large storms struck in quick succession was in December 2015, when Eva, Frank and Desmond caused insured damage valued at £1.3bn, the ABI said.
It also put the cost of flooding in parts of south Yorkshire and the Midlands in November last year at over £110m.
Flood claims breakdown:
- 3,350 domestic property flood claims, totalling an estimated £107m
- 1,500 commercial property flood claims put at £85m
- 3,600 motor claims amounting to £21.7m
Windstorm claims breakdown:
More from Storm Ciara
- 61,000 domestic property claims, totalling £77m
- 9,000 commercial property claims, put at £61m
- 3,500 motor claims, with a bill of £11m
Mark Shepherd, the ABI's assistant director, head of general insurance policy, said: "InsurersRead More – Source