Insurance news

• Feeling the heat: how extreme weather is pushing up UK home insurance costs

  28-08-2023 10:00
  
  Subsidence claims rise as climate crisis causes heatwaves, storms and floodingRecord temperatures, flash floods, storms – the UK’s weather is becoming more extreme, and it is having an impact on our homes. Last summer’s heatwave caused subsidence cases to triple at one major insurer, and experts say that the damage wrought by wild weather could mean we all end up paying more for home insurance.Data from Halifax Home Insurance shared with Observer Cash gives an insight into the
  
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• How can our car insurance renewal go up by a shocking 180%?

  28-08-2023 08:00
  
  We do very few miles and have four years’ no-claims discountI had been reading about the rising cost of car insurance but I was still shocked when our renewal quote for this year arrived from Aviva, which had shot up from £893 to £2,531. An increase of more than 180%.I can’t understand why. We have four years’ no-claims discount and do 6,000 miles a year (we only really use the car to visit the grandparents with our children). Continue reading...
  
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