Weather Damage Insurance Claims Up By a Third in 2023

Home insurance claims for weather-related damage hit a record high in 2023 as climate change continues to impact the frequency and severity of severe weather events. Specifically, claims for weather-related damage reached £573 million last year, more than a third higher than 2022’s total of £421 million and the highest ever recorded, according to the Association of British Insurers (ABI). Homeowners’ storm damage claims included:

  • £133 million from high winds
  • £286 million from flooding
  • £153 million from burst pipes (most of which occurred during winter)

Businesses witnessed a similar trend, incurring £443 million in weather claims in 2023. Moreover, the average weather-related business payout increased from £12,612 in 2022 to £18,542 in 2023.

The Impact of Climate Change

Several notable storms hit the UK in 2023, including Babet, Ciaran and Debi, which likely contributed to increased weather-related claims. Policy Adviser at ABI, Louise Clark, said, “[insurance payouts hit] record levels after a particularly difficult autumn and winter with seemingly countless storms, from Agnes onwards, leading to significant flooding.” Making matters worse, the inflated temperatures associated with climate change can cause the air’s moisture to climb, increasing the likelihood of severe storms and flooding. “Extreme weather events may not feel so rare as they used to as we grapple with a changing climate,” said Clark.

Next Steps

In light of ABI’s stark weather-related claims data, it’s important for property owners—both home and commercial—to carefully consider risk-mitigation strategies to reduce weather-related damage to their own properties. Additionally, they should review their insurance cover to make sure they’re protected from weather perils.

Contact us today for guidance on protecting your property and for robust insurance solutions.



Contains public sector information published by GOV.UK and licensed under the Open Government Licence v3.0.

The content of this publication is of general interest and is not intended to apply to specific circumstances or jurisdiction. It does not purport to be a comprehensive analysis of all matters relevant to its subject matter. The content should not, therefore, be regarded as constituting legal advice and not be relied upon as such. In relation to any particular problem which they may have, readers are advised to seek specific advice from their own legal counsel. Further, the law may have changed since first publication and the reader is cautioned accordingly. © 2024 Zywave, Inc. All rights reserved.

RS Risk Solutions Logo

If you would like advice or a quotation please contact us.

We are an independent and regulated UK insurance broker predominantly supporting clients in:
London and the South East including: Surrey, Kent, East Sussex, West Sussex, Ashford, Bexhill, Brighton, Caterham, Chatham, Copthorne, Crawley, Crowborough, Croydon, Dorking, East Grinstead, Eastbourne, Edenbridge, Forest Row, Gillingham, Gravesend, Hastings, Haywards Heath, Heathfield, Horley, Horsham, Hove, Kingston upon Thames, Leatherhead, Lewes, Lingfield, Maidstone, Newhaven, Oxted, Redhill, Reigate, Royal Tunbridge Wells, Seaford, Sevenoaks, Sutton, Swanley, Tonbridge, Uckfield, Woking, Worthing

More Articles

Manufacturing – Mitigating Risks

Manufacturing businesses play a pivotal role in our economy, producing goods that serve as the backbone of numerous industries. However, with great opportunity comes great

BT’s Redcare Announces Closure

BT’s Redcare is withdrawing their signalling system for intruder and fire alarms services from the market. Customers will  need to seek alternative suppliers before 1

Cyber Security

Cyber Insurance Market Outlook for 2024

Increased cyber-attacks with new evasive tactics, hacktivist-based attacks and frequent ransomware have created a volatile risk environment for organisations of all types and sizes over

RS Risk Solutions Logo

Request a callback

By providing the above information you consent to RS Risk Solutions Limited contacting you by any of the methods that you have provided details for. We will process this information in accordance with our privacy notice.

RS Risk Solutions uses cookies to monitor the performance of this website and improve user experience. To find out more about cookies, what they are and how we use them, please see our privacy notice, which also provides information on how to delete cookies from your hard drive.