UK Insurance News

Following a post on this blog last month in which  AA Insurance claimed that premiums for Buildings Insurance had increased by 10%, there is now a claim from Defaqto that many insurers are also raising the excess on policies to £100.
According to Defaqto 7% of insurers have raised the excess on their home and buildings [...]

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Are we getting clumsier in the UK? Or is it that we now own so much hi tech equipment that insurance claims are bound to increase. Or maybe there is an element of insurance fraud in the following findings in a report from John Lewis Partnership’s Home insurance business Greenbee.
The report says that home insurance [...]

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Recent research carried out by YourMoney claims that homeowners in the UK are overpaying on their home and contents insurance by £500million collectively every year.
YourMoney claim that too many UK homeowners renew their buildings and contents insurance without reviewing their needs and not shopping around, resulting in customers paying an average of £180 per year [...]

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The British Insurance Brokers Federation (BIBA) has warned hard up householders not to neglect home and contents insurance policies, following a survey that suggests an alarming one in five consumers have either cancelled or failed to renew cover in recent months.
Graeme Trudgill of BIBA suggests that home insurance covers almost all of a person’s worldly [...]

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A senior police officer has warned the UK public over the growing number of  fraudulent burglary claims, the latest insurance scam where people are pretending that they have been burgled with the aim of collecting money from their insurance policies.
Chief Constable Julie Spence suggests that the recent increase in fraudulent burglary claims is possibly linked [...]

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