Our guide to accidental damage insurance
Insurers saw a significant rise in accidental damage claims during the pandemic, and the latest figures suggest that this increase may be part of a longer-term trend. Data from the Association of British Insurers (ABI) shows that, despite a smaller increase in the number of claims for accidental damage, the value of accidental damage claims increased by 11% in 2023. This reflects the increased cost per claim for insurers to replace goods, make repairs or provide alternative accommodation.
‘Accidental’ means something that is both unforeseen and unintentional and usually occurs suddenly, out of the blue, like a kicked ball smashing through a window.
In this guide, we’ll take a closer look at how you can protect yourself from accidental damage and make sure that you’re covered for these increasing costs. But first, what is accidental damage?