Exposed wooden floors are causing a sharp increase in water damage related claims, says report...
The sharp rise in the number of British homes with exposed wooden floors could result in an equally sharp rise in household premiums, according to a report.
A national newspaper recently highlighted the growing number of household claims resulting from water damage to exposed wooden flooring. Whereas previously carpets and rugs would have served to absorb any water thereby limiting damage to the floorboards, exposed wooden floors would no longer have this protection.
According to one insurance source, household repair costs are rising at “an alarming rate”, with lower building standards in new houses, and an increase in the number of bathrooms, heightening the risk of more instances of water damage occurring.
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