Axa: Protect pipes during winter months

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Axa: Protect pipes during winter months

Burst pipes could cost homeowners a fortune this winter if they do not have adequate home insurance, according to Axa.

Last year, more people claimed on their Axa home insurance in December and January for escape of water than for either fire or theft.

While 35 per cent of consumers are concerned that their home will be broken into while they are out over the Christmas holiday, just eight per cent are concerned about the damage that burst pipes could cause.

Nick Kidd, head of home insurance at Axa, said: "Not only does burst pipe damage have financial implications, especially if insurance is not in place, but it can also cause huge emotional trauma from ruined personal belongings."

Earlier in the year, the insurance provider reminded those who are going away this Chritsmas to ensure that they have proper travel insurance cover, whether they are staying in the UK or going further afield for their break.

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