Brooke Williams

Brooke Williams

120 posts
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.

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