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Claims costs fall on Friday 13th

Claims costs fall on Friday 13th

Category: Insurance

Updated: 13/01/2017
First Published: 13/01/2017

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Friday 13th may be unlucky for some, but interestingly, this means people actually take more care on this one key day than at other times, with average claims costs falling dramatically on this supposedly unlucky date.

Research from home insurance provider Policy Expert shows that insurance claims costs on this day are dramatically lower than the monthly average, with there typically being half or fewer the number of claims on Friday 13th compared with an average day.

For example, in May 2016 the average claim cost for the month stood at £1,449, while on Friday 13th of that month the average was a lesser £1,331. The difference is even more dramatic in some years, with the average claim cost in March 2015 standing at £2,231, falling to £993 on Friday 13th (a drop of £1,208), while in June 2014 the figures stood at £2,021 and £680 respectively (down £1,341).

December 2013 saw the biggest difference of all in recent years, with the average claim cost for the month standing at £2,317, falling to a mere £895 on Friday 13th, a difference of £1,422.

This suggests that the superstition may actually have a positive trade-off, with it encouraging people to take extra care and exercise an extra level of caution for fear of being hit with a bout of bad luck. It could even mean insurance premiums don't take quite such a hit, helping you keep costs under control.

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