UK Insurance News

Home insurance premiums have risen at an average of 6% over the last twelve months says a report from moneysupermarket.com, recording a rise for a typical buildings and contents insurance from £142 to £151 per year.
While the rise is well above the annual inflation rate, it is nothing compared to the increases seen in motor [...]

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One activity that appears to be booming during these hard times is the illegal cultivation of cannabis in farms set up in residential homes, with plant seizures by police rising by 18% in 2009/10.
According to Aviva insurance almost all of the 758,700 plants seized by the police in 2009/10 were being cultivated in residential properties [...]

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The dreadful longevity of the snow and icy weather endured across much of the country at the tail end of last year has proved to be extremely costly for UK insurers with figures released suggesting that claims during the period reached over twice that paid out for the same period in 2009.
Compared to atrocious weather [...]

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-  Hiscox urges homeowners to be vigilant to leaks when snow and ice begin to thaw –
When the weather starts to warm up, home and contents insurer Hiscox is encouraging homeowners to be on the lookout for leaks caused by burst pipes. The sub zero temperatures can result in pipes freezing and homeowners could be unaware [...]

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Home Insurance is a term that actually covers two types of insurance cover, Buildings insurance and Contents insurance, the two products are often offered as a package which offers a discount when purchased as a whole.
Buildings insurance is almost always an obligatory requirement from lenders when offering a mortgage to purchase a property as it [...]

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