Insurers prepare for increase in claims related to subsidence as hot weather continues

Subsidence warning

With the extreme weather yet again bringing temperatures above 30 degrees celsius to the UK, insurers could face subsidence losses of £5 to £10m.

LV has already recorded a 205% increase in claims between June and July related to subsidence.

Currently the soil moisture deficit is at the same levels seen in 2018, which could result in properties

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