The Association of British Insurers (ABI) today increased its estimates for the cost to insurers of the riots which have gripped Britain to £200m.
Initially, the ABI estimated the riots - which broke out on Saturday night after the police shooting of Tottenham man Mark Duggan - would cost "tens of millions" of pounds in damage and clean-up claims.
On Tuesday it revised this figure up to £100m but has since increased its estimate again after further riots broke out across the country.
Nick Starling, director of general insurance and health at the ABI, urged people whose property has been damaged by the riots to contact their insurers straight away.
"Insurers are working as quickly as they can to deal with claims. However, access to dangerous buildings which are also crime scenes is a serious issue," he said.
"It is too early for us to have an accurate picture of total costs, especially business interruption costs, but insurers are expecting significant losses."
Her Majesty's Revenue and Customs (HMRC) has set up a helpline for taxpayers unable to meet its demands due to damage to their homes or businesses caused by rioters.
Mohammad Khan, partner at PwC, said the rioting may have deeper implications for insurers other than the immediate payout costs.
"There may be some specific increases in premium for the worst affected areas but, for customers nationwide," he said.
However, he added competition between insurers may mitigate this.
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