Posts Tagged: Escape of Water
Posted by Sam Eynon on February 2nd 2017 in Insurance
According to research by the Association of British Insurers nearly one in five claims made on buildings and contents insurance is for damage caused by escape of water, costing as much as £2m every day.
Understanding and assessing your exposure to water/fluid leak and damage is just as important as a fire risk assessment in terms of an organisation’s capacity to operate successfully and profitably. Reducing the risk of damage to your property will avoid uninsured costs; interruption to your business, supply chain and increased insurance costs etc.Protecting your property from water leaks
The damage and financial loss suffered from the effects...