New research released by Sainsbury’s Finance has revealed that UK home insurers continue to lag behind car insurers for rewarding customers with a no-claims discount.
The findings which were commissioned by Sainsburys Home Insurance, reveal that just one in four (26%) of home insurance policies offer a no-claims discount, preventing customers from benefiting from potentially huge savings. What's more, of those home insurers that do offer it, 8% penalise customers for making a claim by removing more than one year of no-claims discount, even if they have built up several years no-claims discounts.
Sainsbury’s Finance, whose home insurance offers up Full Story