Home Insurance News News
Published: 07/05/2008
Homeowners have been warned that the UK faces further devastation from flooding in the future, an announcement which could have an affect on the cost of home insurance.A report from the Environment, F...
Read More: Britain faces more floods >Published: 06/05/2008
The Association of British Insurers (ABI) has called on the government to improve drainage systems in a move which could impact on home insurance premiums.According to the ABI, currently 80,000 proper...
Read More: ABI calls for drainage system improvements >Published: 06/05/2008
Homeowners who are renovating or improving their properties may invalidate their home insurance cover by giving workmen a key to the premises, an industry expert has warned.Debra Williams, managing di...
Read More: Homeowners may invalidate cover >Published: 02/05/2008
A new survey has found that consumers looking to purchase home insurance prefer to do so by looking online.Research by Global Reviews has found that 53 per cent of shoppers searched individual website...
Read More: Homeowners prefer shopping for insurance online >Published: 30/04/2008
Home insurance cover should not be decided only on the price, an industry expert has claimed.The cheapest cover available may not protect the consumer enough when it comes to a legal dispute, Kelly Os...
Read More: Cheapest not always the best >Published: 25/04/2008
In a move which could affect home insurance, the British Property Federation (BPF) has urged the government to invest more time and money in flood defences, following the results of last summer's floo...
Read More: BPF calls for flood defences investment >Published: 21/04/2008
Consumers are being urged to consider the importance of house insurance in spite of the costs.Debra Williams, managing director at price comparison site Confused.com, admits that while home insurance ...
Read More: House insurance is an "important consideration" >Published: 18/04/2008
Consumers should make annual checks as to what their house insurance policy covers, it has been claimed.According to Debra Williams, managing director of the price comparison site Confused.com, people...
Read More: 'Check what is covered by your home insurance annually' >Published: 16/04/2008
The Association of British Insurers (ABI) has warned homeowners that an agreement between the insurance industry and customers to cover homes at risk from flooding is far from certain.Currently the in...
Read More: Homeowners warned over floods insurance >Published: 15/04/2008
House insurance should be a contractual part of social housing rental as a lot of people would not buy it unless there was a "compulsion" to do so, it has been claimed.Peter Staddon, the hea...
Read More: Social housing tenants should have "contractual" house insurance >Published: 15/04/2008
Home insurance cover should be a "social responsibility" according to an industry expert.Peter Staddon, head of technical services at the British Insurance Brokers' Association (BIBA), noted...
Read More: Home insurance a "social responsibility" >Published: 11/04/2008
Up to a third of Britain's homeowners could be paying too much for their buildings insurance.That is the message from Confused.com, a price comparison website, which warned that failing to understand ...
Read More: Homeowners 'paying too much for insurance' >Published: 10/04/2008
Hard-pressed homeowners will be hoping for a boost from the Bank of England this lunchtime.The Bank's monetary policy committee (MPC) is expected to reduce the cost of borrowing by 25 basis points.Whi...
Read More: Homeowners hope for rate cut >Published: 09/04/2008
House prices could fall by as much as 20 per cent this year, according to a personal finance website.Fool.co.uk is predicting a significant correction as mortgages become harder to obtain and demand f...
Read More: House prices set for 'major correction' >Published: 07/04/2008
More than one million British households have had an argument with their neighbours, research has shown.A poll by Allianz Insurance revealed that 1.1 million households had rowed with next door, with ...
Read More: Brits 'argue with neighbours' >Published: 04/04/2008
Hilary Benn, the environment secretary, yesterday set out new measures to help households reduce their carbon footprint.The government is keen for individuals to take responsibility for tackling clima...
Read More: Benn seeks to encourage greener homes >Published: 04/04/2008
Britain is in for a "typical" summer this year, according to long-range weather forecasts.The Met Office has revealed that its data suggests temperatures slightly above average.Rainfall will...
Read More: Summer will be 'typically British' >Published: 04/04/2008
Analysts remain divided ahead of next week's interest rate decision.The Bank of England's monetary policy committee (MPC) makes its April announcement on Thursday but experts are split on which way it...
Read More: Rate decision divides analysts >Published: 30/03/2008
Homeowners were struck another blow this week when one of Britain's biggest lenders increased its tracker and fixed rate mortgage deals.The move by Nationwide came despite the downward trend in the Ba...
Read More: Life 'gets tougher' for homeowners >Published: 26/03/2008
Homeowners are fixing their mortgage repayments for longer, according to research.Figures compiled by MoneyExpert.com, a personal finance website, revealed that deals upwards of ten years were becomin...
Read More: Fixed rates 'getting longer' >Published: 25/03/2008
The housing market is in desperate need of an interest rate cut to restore consumer confidence.That is the view of the National Association of Estate Agents (NAEA), which this morning stepped up the p...
Read More: Housing market 'needs rate cut' >Published: 20/03/2008
Home contents insurance is ignored by as many as one in four Britons, according to research.The price comparison site Confused.com revealed that a worryingly high proportion of homes are not adequatel...
Read More: Contents insurance 'ignored' >Published: 20/03/2008
The credit crunch has made shopping around for a new mortgage more important than ever.That is the view of the Council of Mortgage Lenders (CML), which is urging homeowners to research the market as c...
Read More: Crunch makes shopping around more important >Published: 20/03/2008
Homeowners have ditched plans to move this year amid concerns about the state of the housing market and the economy in general.Research by online directory RatedPeople.com revealed that the current cl...
Read More: Homeowners ditch moving plans >Published: 19/03/2008
DIY enthusiasts will cause £25 million of damage to their homes over the Easter weekend, a leading insurer has warned.Research by Allianz has warned that home improvement efforts over the bank ho...
Read More: Easter DIY 'will cost £25m' >Published: 18/03/2008
Homeowners have been urged to get their boilers checked regularly by an expert.British Gas, one of the country's leading energy providers, said regular maintenance was essential to ensure the safe and...
Read More: Homeowners urged to get boilers checked >Published: 14/03/2008
Homeowners who have to shell out for broken roof tiles and damaged fences are being urged to check that they are not paying too much.The Building Cost Information Service (BICS), which is part of the ...
Read More: Homeowners urged to check repair bills >Published: 13/03/2008
Extending shared equity schemes is not the answer to the difficulties being faced by homebuyers.That is the view of Louise Cuming, head of mortgages at the price comparison website Moneysupermarket.co...
Read More: Shared equity 'not the answer' >Published: 12/03/2008
Wales and the north of England continued to face gale force winds today as the recent stormy weather swept across the country. There is concern that power lines and transport links could be affected a...
Read More: Storms head north >Published: 10/03/2008
Homeowners have been urged to use today's severe weather warning as a reminder to properly insure themselves. According to one price comparison website, 40 per cent of properties have no insurance, wh...
Read More: Homeowners urged to get covered >Published: 07/03/2008
Homeowners struggling to make ends meet will be hoping for some measures in next week's Budget to help relieve the pressure they face.Fuel bills, home insurance premiums, mortgage repayments and food ...
Read More: Homeowners hope for Budget lift >Published: 07/03/2008
Rising energy bills have left households struggling with the majority of people feeling their supplier has treated them unfairly.A poll by Moneysupermarket.com, a price comparison website, found that ...
Read More: Households under pressure from rising energy bills >Published: 06/03/2008
Struggling homeowners hoping for a cut in interest rates were left disappointed at lunch time today when the Bank of England's monetary policy committee (MPC) voted to leave the base rate unchanged.Wi...
Read More: Base rate stays at 5.25 per cent >Published: 04/03/2008
Homeowners have been urged to check their properties for structural damage following the recent earthquake.Britain was rocked by a quake measuring 5.2 on the Richter scale, the biggest to strike the c...
Read More: Homeowners 'should check for quake damage' >Published: 29/02/2008
The biggest earthquake to hit the UK in 25 years could cost the insurance industry up to £30 million, according to a firm of catastrophe risk analysts.Risk Management Solutions (RMS) said that in...
Read More: Earthquake could cost insurers £30m >Published: 28/02/2008
Home insurers only just recovering from the shock of having to fork out around £3 billion because of last year's floods have been shaken again by the largest earthquake to hit Britain for 25 year...
Read More: Insurance companies shaken by quake >Published: 27/02/2008
The devastating summer floods, which caused the insurance industry as a whole to lose around £3 billion has been blamed for a bank's general insurance losses.Halifax Bank of Scotland (HBOS) has j...
Read More: Floods blamed for HBOS losses >Published: 27/02/2008
A tremor of fear ran through some homeowners when the biggest earthquake to hit the UK for nearly 25 years shook houses across huge swathes of England and Wales this morning.The panic caused by the qu...
Read More: Tremor of fear for homeowners >Published: 27/02/2008
Many homeowners are "grossly" under-insured when it comes to protecting their possessions, which could prove costly in the event of a claim, according to a price comparison website.Moneyfact...
Read More: Under insurance could be costly >Published: 26/02/2008
Homeowners in Glasgow have been counting the cost of stormy weather, after a 70mph wind lashed the city in the last 24 hours.The west of Scotland experienced something of a downpour as well as gale-fo...
Read More: High winds buffet Glasgow >Published: 26/02/2008
Homeowners are being urged to check out their contents and make sure they have the best policy available.The advice comes from a comparison site after anecdotal evidence suggested that many people sim...
Read More: Homeowners told to check their policy >Published: 22/02/2008
Insurer Allianz's Home & Legacy arm is upping sticks and relocating.The operation is moving from the hectic City of London to premises in the altogether more tranquil 'concrete cow' surroundings o...
Read More: Allianz upping sticks >Published: 21/02/2008
Home insurers are nursing their wounds, as it emerged that last year's severe floods contributed to losses of £300 million.According to independent market analyst Datamonitor, because reinsurers ...
Read More: Home insurers nursing wounds >Published: 14/02/2008
Home insurance premium rates are "really competitive" and have not really changed in the last ten years, according to the British Insurance Brokers' Association (BIBA).It urges homeowners to...
Read More: Home insurance 'really competitive' >Published: 30/01/2008
Prospective homeowners already concerned about the cost of home insurance, utility bills and council tax were dealt another blow this morning.An affordability index released by the Royal Institute of ...
Read More: Property 'becoming less affordable' >Published: 21/01/2008
Although some types of insurance may at times be unnecessary, others, such as buildings and contents, are must-haves, according to a consumer watchdog magazine.As well as home insurance, Which? says, ...
Read More: Some insurance is a 'must-have' >Published: 11/01/2008
The time has come for insurance companies to reduce home insurance premium rates.That is the message from Carlisle MP, Eric Martlew, who has made the demand on behalf of his constituents in the Warwic...
Read More: Time to reduce premiums >Published: 12/12/2007
Unwary property owners who rent property may not be covered under a standard home insurance policy.If for example, a couple moved in together and decided to let their other home they would need to tak...
Read More: Rental property home insurance trap >Published: 12/12/2007
First-time buyers will face something of a double-edged sword next year, according to mortgage lenders. With house price growth slowing, affordability should improve, but uncertainty about the future ...
Read More: First-time-buyers face 'double-edged sword' >Published: 04/12/2007
The Association of British Insurers (ABI) has today called for the government to plan a 25-year strategy to combat the threat of serious flooding.It wants ministers to put in place a programme of impr...
Read More: Insurers call for 25-year plan >