Home insurance premiums costs in Ireland. Winter claims

Sceala Clann T.D. Location: Wicklow

The number and cost of home and business insurance claims for the 2010 -2011 winter freeze are very high ...Premiums will have to rise again for 2012 - 2013.
This is now several year-on-year home insurance price hikes ....increased costs passed on the buyer ....because of weather extremes in Ireland.
I feel very sorry for those business who can no longer obtain insurance at any price ....in areas now designated flood zones.

Insurers pay out €220m over weather
Insurance companies have paid out more than €220m in compensation to home and business owners.
Severe weather - Burst pipe led to 30,000 claim
Morning Ireland: Mike Kemp, Irish Insurance Federation, says over €220m has been paid out in claims as a result of last winter's cold weather
Morning Ireland: Mike Kemp, Irish Insurance Federation, says over €220m has been paid out in claims as a result of last winter's cold weather
Insurance companies have paid out more than €220m in compensation to home and business owners after last winter's severe weather. Almost 30,000 claims were made in relation to damage caused by burst pipes.
The data - from the Irish Insurance Federation - show that counties Cork, Galway and Dublin were worst affected.
Severe frost and snowfall last November and December brought several parts of the country to a standstill. In the months that followed, householders and businesses had to rectify problems caused by the sub-zero temperatures.
The IIF says that €224m has been paid out in compensation to date, with the majority of claims made by home owners. The disruption at the end of last year followed another cold spell at the beginning of 2010 and flooding at the end of 2009. Combined claims for the three weather-related events stand at over €750m.
The federation is advising policy holders to take precautions ahead of next winter by ensuring water tanks are properly lagged and that exposed pipes are insulated.

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Home insurance premiums costs in Ireland. Winter claims