Your Insurance Premium May Be Affected By Global Warming

Posted by Joe268

March 31, 2008

The last decade or so have not been a particularly good one for the UK insurance industry. It seems that at least once a year the UK insurance industry gets to feel the bit of a natural disaster somewhere in the world.

In more case than not, environmentalist will then go on record as saying the natural disaster was avoidable, but for the fact that we are subject to ongoing global warming, which we should only expect to get worse. And, the simple fact is that this trend of global climate change may severely affect your insurance premium.

For the 5 year period from 1998 to 2003 (the last on public record), weather related insurance claims in the UK amounted to

Insurance