Frozen-burst water pipes cost UK insurers £27m

"Home insurance claims relating to water damage have increased significantly over the past few weeks, according to Sainsbury’s insurance arm.
Sainsbury’s Home Insurance estimates a total of 13,000 water damage claims under the category ‘forcible/violent bursting’ this winter across the UK.
Total cost to insurers is estimated at £27.56 million.
Neil Laird, manager of Sainsbury’s Home Insurance, [...]" (2009-1-27)
Read more...