mo4ch:>Storm payouts average out at £32,000 per household

Storm payouts average out at £32,000 per household7 March 2020 Related TopicsStorm Ciara Image captionTaff Street in Pontypridd was left underwater after heavy rainInsurers are set to pay out an average £32,000 per household for flood claims after destructive UK winter storms, an industry body has said.The bill to clean up after storms Dennis and Ciara is set to total more than £360m, the Association of British Insurers (ABI) said.About £214m is going on flood claims and £149m on wind damage.However, affected people should not expect a hike in premiums, a spokeswoman said.This is because insurers use some of their premiums to pay a levy into a scheme each year - the government's Flood Re fund - which helps them pay out for flood damage. In the immediate aftermath of the two storms, insurers paid more than £7.7m in emergency funds to get home owners and businesses back on track, including paying for temporary accommodation when homes were uninhabitable. Image Copyright @EnvAgencyYNE@En…