Home Insurance

Many people are failing to obtain adequate insurance for their homes, according to research by Nationwide.

With Britain’s weather becoming ever more turbulent, UK homes are becoming increasingly at risk, with 11 per cent of British homes being damaged in the last five years.

Tesco Home Insurance is offering new customers who buy home insurance a £75 discount on Hotpoint appliances ordered from Tesco Direct. The offer runs until 6th February 2008.

With many areas potentially at risk from floods as storms are predicted to lash the UK over the next couple of days, leading insurer Royal & SunAlliance and its direct arm MORE TH>N, are offering advice to those homeowners and businesses affected by rising water levels.

With flash floods once again hitting the country and Met Office warnings of further severe weather over the weekend, Direct Line is increasing the number of staff in its contact centres and has placed over 100 members of its emergency home response team on stand-by ready to assist people in the most affected areas.

As many people try to copy the culinary delights cooked up by their favourite TV chefs, Halifax Home Insurance urges homeowners to take care in the kitchen.

Following fierce storms across much of the UK in the past week and with more predicted in the coming weeks, Sainsbury’s Home Insurance is warning homeowners to check that they are adequately insured in the event of any damage to their property.

Commenting on flood warnings throughout much of England, Richard Mason, director of insurance at price comparison site moneysupermarket.com, said: “As the spectre of flooding hits Britain again, people in the Midlands, East Anglia and south west England could be facing the woe of having to leave their homes.

Over the past quarter, average quoted premiums for home buildings insurance rose by 1.4 per cent (to an average of £218.60 for an annual policy), according to the latest AA British Insurance Premium Index.

Rural insurer NFU Mutual, has started to receive flood claims from across the country following the torrential rain of the last few days.

Having seen a 15% increase in flood and storm claims, and with 49 flood warnings now in place across the country, Lloyds TSB Insurance is urging customers in high risk areas to act now to prepare for the possibility of flooding.

Every month Consumer Intelligence surveys 2,000 home insurance buyers and recent months has seen a 10% increase in price sensitivity. This is the biggest jump since the survey began over 18 months ago. So what’s going on?

Householders looking to drive down the cost of their insurance as part of their New Year financial resolutions can benefit from the latest Churchill Home Insurance incentive, guaranteeing to beat any competitor’s current renewal quote by at least £30.

Homeowners hoping to dust down their finances in the New Year should turn to Direct Line to save a third off their home insurance.

Although we’re very good at putting home security features in place we’re not so good at checking that they are still working, according to a survey by Legal & General.