Context
The ABI has reported that, according to its latest figures (its Property Insurance Premium Tracker), insurers paid out £1.6bn in claims during the second quarter of the year to help homeowners and businesses bounce back from unexpected events and costly disruptions.
Key points to note and next actions
- The quarterly total marks a 7% rise compared to the £1.5 billion paid out in Q1 2025, as insurers helped their customers to recover from unwanted events such as fire and theft.
- Adverse weather continues to drive a significant portion of claims. Between April and June, insurers paid out £322 million for damage caused by storms, heavy rainfall and frozen pipes. Of this, £198 million covered damage to people’s homes and possessions – while weather-related business claims totalled £124 million.
- The average property claim came in at £6,200 for households and £17,400 for businesses – demonstrating the significant financial support insurance offers.