Lithium batteries causing fire-related home claims to surge
Prestige Underwriting has called for better collaboration between e-bike manufacturers and insurers, after the average cost of fire-related home insurance claims has quadrupled since 2007, to more than £24,000.
Despite a substantial 63% reduction in domestic fires in the UK since 2007, the costs associated with fire-related claims are expected to continue rising.
In 2007, the average cost of these claims was
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