Riot cover unlikely for new insurance customers
Insurers may adjust the small print in their policies so that they discount rioting and civil disturbance after the riots across England. The violence caused ten of millions of pounds worth of damage and a leading insurance spokesman says that there is a danger it will not be covered in some new policies.
After the volcanic ash cloud incident last summer, a number of the biggest insurance companies altered their travel insurance policies so that new customers would not be covered if their holiday was disrupted by an ash cloud. According to a recent report, Aviva, Barclays, Churchill, More Than and NatWest have all kept ash cloud cover for existing customers, but removed it for new ones.
A spokeswoman for insurance provider LV= said: "All of our customers are fully covered from riots and civil disturbance and we will continue to cover them with no intention of changing our policy on it, just as we did during the volcanic ash cloud incident."
August 12, 2011
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