9
Jun/090

Home Insurance Premiums on the Increase

Home insurance companies intend to increase rates by up to 20% but there are ways and means over reducing your premium.

One consumer said his annual premium from the Halifax for building and contents cover would be increased by 18% from £467 - £553. Additionally, they said they would be introducing an excess of £250 for water-related claims.

After years of falling home insurance premiums, the industry is now forcing through big price hikes, fearful of the impact burglaries and the recession will have on claims. But there is no reason to accept an insurer taking it out on your wallet even before you have been burgled.

Related posts:

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  2. Insurance - A Summary
  3. FSA Mortgage Broker Crackdown
  4. Women Continue to Get Lower Car Insurance
  5. Drivers Are Now Choosing to Cut Corners on Car Insurance!

Filed under: Home Insurance Claims
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