AXA Insurance Infographic

2012 IS “YEAR OF RISK" %3D AXA, one of the UK's largest home insurers, is warning Brits to 田田 田 take extra care in 2012 as a combination of factors could make it one of the worst on record for home insurance claims. The company is predicting that in 2012, the mix of an unprecedented number of events this summer (Olympics, Diamond Jubilee and Euro 12, continuing econamic pressures and angaing drught and unaual weather conditions coud add up to soaring rumbers of home cams The Weather The UK's weather has thrown up plenty of problems for homeowners in the last couple of years and 2012 could be set to continue the same way. The cold winters of 2010 and 2011 saw a 50% rise in burst pipe claims. Only 45% leave heating on low when going out in O freezing weather. Only 42% insulate pipes But even without the extreme cold, AXA warns that the continued 'drought' conditions of the last few months could lead to a huge rise in subsidence for homeowners in 2012. The end of 2011 saw Water companies are already issuing warnings some of the warmest and driest weather on record. Events Claims data from AXA shows that whenever family and friends get together the number of accidental damage and losses increases. Economic pressures have seen theft Christmas Day last year saw a jump of and attempted theft claims rise - 12% up in 2010 14% in damage New Year's Day a 78% increase in accidental damage 49% planning some sort of get together for the Olympics 40% looking at celebrating the Diamond Jubilee Meanwhile, the canny burglar is well aware of the fact that certain days of the year mean people will be out of their homes or taking careless risks. New Year's Eve last year saw a August Bank holiday saw a 9% rise in thefts or attempted thefts 61% will leave doors open for friends (and any opportunistic thief) to come and go as they please. 24% increase in theft Added to this is the concern that police forces outside of London will be stretched during the Olympic period While on 9% of people are likely to be heading to the Olympics and 6% to the Diamond Jubilee and 4% to Euro 2012, 34% ) 34% of these will 'market' the fact on social networking sites alerting potentional burglars. The Economy Continuing pressure on personal finances means a rise in claims is almost inevitable. Statistics from AXA show that the numbers of household thefts rise in times of economic hardship and the company has seen growing evidence of this recently. Added to this, many less honest people will make false or exaggerated claims to try and get a bit of extra cash. OVER 1/3 are more likely to exaggerate a claim today than over a year ago with 8% of claimants adding an average of £2898 to the real cost of their claim. Homeowners may try to cut corners by cutting down on maintenance around the home which could in itself lead to claims. Although AXA warns that this can be false economy because if a lack of repair is the cause of a claim it can be turned down. Christine Matthews from AXA says: "Homeowners need to make sure more than ever they get their house in order this year. This includes making sure they take precautions against theft but also that their homes are properly maintained." Around 20% of homeowners have no contents insurance leaving themselves very vulnerable in the face of a year of very real increased risk. But even those who have insurance in place need to make sure they don't try and cut corners or are careless about their security or home maintenance as this could lead to a turned down claim. We sincerely hope that our predictions turn out to be wrong but we would urge people everywhere across the UK to think about what they can do to avoid the stress and potential financial loss of a burglary or accident around the home. 回 日 2012 IS “YEAR OF RISK" %3D AXA, one of the UK's largest home insurers, is warning Brits to 田田 田 take extra care in 2012 as a combination of factors could make it one of the worst on record for home insurance claims. The company is predicting that in 2012, the mix of an unprecedented number of events this summer (Olympics, Diamond Jubilee and Euro 12, continuing econamic pressures and angaing drught and unaual weather conditions coud add up to soaring rumbers of home cams The Weather The UK's weather has thrown up plenty of problems for homeowners in the last couple of years and 2012 could be set to continue the same way. The cold winters of 2010 and 2011 saw a 50% rise in burst pipe claims. Only 45% leave heating on low when going out in O freezing weather. Only 42% insulate pipes But even without the extreme cold, AXA warns that the continued 'drought' conditions of the last few months could lead to a huge rise in subsidence for homeowners in 2012. The end of 2011 saw Water companies are already issuing warnings some of the warmest and driest weather on record. Events Claims data from AXA shows that whenever family and friends get together the number of accidental damage and losses increases. Economic pressures have seen theft Christmas Day last year saw a jump of and attempted theft claims rise - 12% up in 2010 14% in damage New Year's Day a 78% increase in accidental damage 49% planning some sort of get together for the Olympics 40% looking at celebrating the Diamond Jubilee Meanwhile, the canny burglar is well aware of the fact that certain days of the year mean people will be out of their homes or taking careless risks. New Year's Eve last year saw a August Bank holiday saw a 9% rise in thefts or attempted thefts 61% will leave doors open for friends (and any opportunistic thief) to come and go as they please. 24% increase in theft Added to this is the concern that police forces outside of London will be stretched during the Olympic period While on 9% of people are likely to be heading to the Olympics and 6% to the Diamond Jubilee and 4% to Euro 2012, 34% ) 34% of these will 'market' the fact on social networking sites alerting potentional burglars. The Economy Continuing pressure on personal finances means a rise in claims is almost inevitable. Statistics from AXA show that the numbers of household thefts rise in times of economic hardship and the company has seen growing evidence of this recently. Added to this, many less honest people will make false or exaggerated claims to try and get a bit of extra cash. OVER 1/3 are more likely to exaggerate a claim today than over a year ago with 8% of claimants adding an average of £2898 to the real cost of their claim. Homeowners may try to cut corners by cutting down on maintenance around the home which could in itself lead to claims. Although AXA warns that this can be false economy because if a lack of repair is the cause of a claim it can be turned down. Christine Matthews from AXA says: "Homeowners need to make sure more than ever they get their house in order this year. This includes making sure they take precautions against theft but also that their homes are properly maintained." Around 20% of homeowners have no contents insurance leaving themselves very vulnerable in the face of a year of very real increased risk. But even those who have insurance in place need to make sure they don't try and cut corners or are careless about their security or home maintenance as this could lead to a turned down claim. We sincerely hope that our predictions turn out to be wrong but we would urge people everywhere across the UK to think about what they can do to avoid the stress and potential financial loss of a burglary or accident around the home. 回 日