We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Emergency cover - No longer cover for roof damage

Options
hubb
hubb Posts: 2,482 Forumite
First Anniversary Name Dropper First Post Combo Breaker
edited 3 January 2023 at 7:00PM in Insurance & life assurance
I am finding as I shop for home and contents insurance this year on the comparison sites that the emergency cover no longer seems to cover for storm damage to the roof like they used to. Why would this be ? I don't think it is worth upgrading to this if they omit roof cover. Probably one of the most important things you would need covered. 

Comments

  • SaverRate
    SaverRate Posts: 941 Forumite
    First Anniversary First Post Name Dropper
    Options
    Which insurers are you finding this with?
    FTB - April 2020 
  • hubb
    hubb Posts: 2,482 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    Options
    Pretty much all the ones that come up in the search like Admiral 
  • DullGreyGuy
    DullGreyGuy Posts: 11,649 Forumite
    First Post First Anniversary Name Dropper
    Options
    hubb said:
    Why would this be ? 
    Most likely because either:

    1) The struggle to meet demand as storm damage often hits multiple properties and approved suppliers can only deal with certain numbers of concurrent losses. This leads to complaints, compensation etc

    2) Adverse claims experience means prices would have to go up (notably), its felt that consumers are too price sensitive and are likely to go with the lower price with less cover than pay more for better cover
  • hubb
    hubb Posts: 2,482 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    Options
    There just seems to be no way of adding roof damage to any of the emergency cover options with all insurers. 
Meet your Ambassadors

Categories

  • All Categories
  • 344.3K Banking & Borrowing
  • 250.5K Reduce Debt & Boost Income
  • 450.2K Spending & Discounts
  • 236.4K Work, Benefits & Business
  • 609.9K Mortgages, Homes & Bills
  • 173.6K Life & Family
  • 249.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards