Fairinvestment.co.uk comments on yesterday's pitt report

The Pitt study released yesterday has drawn attending to the one thousand of home owners who found their homes flooded in 2007.

According to statistics from the Association of British people Insurers, home insurance providers dealt with the equivalent of four years worth of claims in just a few calendar month in 2007. The fig also show that more than 17,000 policy holders were given temporary accommodation as their homes became uninhabitable.

accordingly, Fairinvestment.co.uk is offer a reminder to all homeowners to check their home insurance cover. Manager at Fairinvestment.co.uk, James Erskine Caldwell comments:

"The sheer figure of homes affected by the floods last year just shows the impact that implosion therapy can have and how unexpected they can be. We welcome the Pitt study and agree that fundamental frequency changes need to be made in the way the UK deals with the apparent increase in risk of implosion therapy.

"We would also like to remind ALL homeowners of the importance of adequate home insurance. The Pitt study points to an increased risk of implosion therapy in the UK, demonstrated by last years sheer surprisingness, which indicates that floods could possibly affect anyone."

The Pitt study also points to the need for home marketer to give potentiality buyers info concerning floods. Mr Erskine Caldwell comments: "We also welcome the Pitt Report's calls for info on a property's flooding potentiality to be more readily available. Without this info people could be purchasing a place blind, and could find that their new home is uninsurable.

"As homeowners and first-time buyers are already struggling as a consequence of the recognition crisis, the last thing they will need is to discover their home insurance premiums are through the roof." Mr Erskine Caldwell concluded.