Brooke Williams

Brooke Williams

110 posts
Do previous claims affect home insurance premiums?

Do previous claims affect home insurance premiums?

Recent home insurance claims can drive up your renewal premiums. Insurers view frequent claims as higher risk. Other factors like weather incidents and address changes also affect costs. Disclose prior claims to ensure valid coverage. Claims history stays on CUE database for six years.

Why home insurance premiums are going up?

Why home insurance premiums are going up?

UK home insurance costs have surged due to severe weather and rising repair costs. ABI reports a 19% increase in premiums, averaging £375 in Q1 2024. Storms caused £573M in claims, pushing total claims to £2.55B. Properties with flood history saw premiums rise by 117%, straining household budgets.

The Best UK Home Insurance Providers

The Best UK Home Insurance Providers

We've done the hard work for you. By compiling ratings from Trustpilot, Google, Fairer Finance, and Defaqto, we provide a comprehensive comparison of UK home insurance providers. Now, you can effortlessly find the best options to suit your needs.

Why home insurance premiums are going up?

Why home insurance premiums are going up?

UK home insurance costs have surged due to severe weather and rising repair costs. ABI reports a 19% increase in premiums, averaging £375 in Q1 2024. Storms caused £573M in claims, pushing total claims to £2.55B. Properties with flood history saw premiums rise by 117%, straining household budgets.

Success! Your email is updated.
Your link has expired
Success! Check your email for magic link to sign-in.