In 2024, home insurance claims data from Peopl Insurance reveals that storm damage is the second most common reason for claims, constituting 20% of all claims. However, burst pipes and leaks lead to an astonishing 40% of claims, causing severe financial implications for homeowners. Peopl Insurance spokesperson, Dominic Lumsden, emphasizes the severity of storms, especially noting Storm Darragh's impact in December 2023. He warns homeowners about the high costs associated with water damage, particularly when pipes burst during cold weather or when residents are away.
"Given the ferocity of recent storms and the damage that extreme weather can inflict on people's homes and property, it is no surprise that storms now account for nearly one in five of home insurance claims."
"Given the freezing weather so often experienced in Ireland during the winter, it is no surprise that burst pipes and water leaks are the top cause of home insurance claims here."
"The bill for the damage could even be more if a pipe bursts while you're away as you'll likely have to replace plasterboard, walls, wardrobes, kitchen units and so on - and you'll probably have to repair electrical damage too."
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