Aviva the latest to waive excesses on NYE fire claims

Aviva has become the latest company to waive the excesses on the claims made in relation to the New Year’s Eve fire in Liverpool.

Markerstudy, LV=, Ageas, NFU Mutual and Tesco had all previously said that they would, after a fire tore through a car park in Liverpool, destroying approximately 1,400 cars.

Initially, City AM reported that the cost of payouts because of the fire would be around £2m.

But later, the ABI claimed the total cost of payouts would be closer to £20m, ten times City AM’s estimate.

Aviva has promised that customers’ no claims discount will not be affected, and premiums will not go up as a result of the incident.

A spokesperson for Aviva said: “Our priority is our customers and ensuring we settle their claims as quickly as possible. Due to the extremely unusual nature of this fire, Aviva customers’ no claims discount will not be affected and premiums will not go up due to this incident. We are also waiving customers’ excess.”

So far, Aviva has received 123 claims for the incident, and have settled and paid nearly half of them.

”To date, 123 claims have been made by our customers and we have settled and paid around 50 of these, with further payments ongoing.”