Some winter claims trends info from Saga;

New research from home insurer Saga finds January is the most expensive month for accidental damage insurance claims after an analysis of its data.

January’s average claim settlement is £935 – 12% more than the yearly accidental damage average – with one January claim costing £33,500. December ranks as the second-most expensive month.

Accidental damage is the most claimed-for type of home incident according to Saga’s analysis, annually surpassing storm damage and escape of water (burst pipes for examples) claims, primarily because of it’s non-seasonal nature.

Saga’s home insurance product manager Anna Thunstrom says: “January tends to see an increase in the cost of accidental damage claims, often thanks to the aftermath of festive celebrations. Toppled glasses, excited children, and family pets, and even New Year’s Eve party mishaps often mean we receive more expensive claims after the Christmas season.”

Alongside a New Year cost spike, Saga’s analysis also finds the beginning and end of the month are claim activity hotspots. Eight of the 12 months of the year see the highest number of accidental damage claims within the first or last two days of the month, suggesting most claims ‘housekeeping’ takes place at the turn of a new month.

Accidental damage is classified as damage caused by sudden or unexpected accidents. However, it’s typically not included in a standard or lower tier home insurance policy.

Anna says: “If you’re looking for extra peace of mind to protect your home, it’s wise to consider adding accidental damage cover to your policy which could help you claim for unfortunate costly mishaps. However, not all accidents or damage will warrant a claim. Small breaks or damage like smashed glasses or scuffed floors may not be worth claiming for depending on the value of the item compared to your excess.

 “To protect your home against unexpected costly accidents, Saga Plus policies include accidental damage cover as standard, and it can be added as an optional extra on a Saga Select policy.”

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