tag:blogger.com,1999:blog-162061962008-04-17T12:33:15.154+01:00UK Home Insurance NewsUK Insurance IndexBlogger22125tag:blogger.com,1999:blog-16206196.post-47001497218353472392008-04-17T12:02:00.003+01:002008-04-17T12:33:15.219+01:00UK homeowners failing to protect their properties against floodingResearch by Norwich Union has revealed that homeowners in flood hit areas of the UK have done little or nothing to protect their property against the risk of future flood damage.
The study, which questioned 1500 people from across the UK and areas affected by the 2007 floods, reveals that 83% of those living in Gloucester, Tewksbury, Hull, Rotherham and Sheffield believe they can do nothing to UK Insurance Indextag:blogger.com,1999:blog-16206196.post-8263713107446670182008-02-14T14:30:00.002Z2008-02-18T15:37:07.482ZPost Office home insurance offers £50 cash backFrom 1st February, Post Office home insurance is offering new customers up to £50 cash back on it's combined buildings and contents insurance.
The cash back deal is available on home insurance policies bought via the Post Office website, by visiting any local Post Office or calling 0800 169 6500. Customers taking out buildings and home contents insurance will receive up to £50 or £25 cash back UK Insurance Indextag:blogger.com,1999:blog-16206196.post-2826512206687774012007-12-16T15:50:00.000Z2007-12-19T22:30:19.080ZHalifax home insurance highlights risk of inadequate contents cover at ChristmasHow much have you spent on Christmas presents this year? As higher value items such as games consoles, phones or music players make it onto more and more wish lists, Halifax home insurance is warning households to check that their contents cover doesn't leave them underinsured.
Whilst some home insurance companies attempt to solve the problem of underinsurance with higher levels of cover beforeUK Insurance Indextag:blogger.com,1999:blog-16206196.post-6922141308929704782007-11-13T14:56:00.000Z2007-11-29T15:00:46.229ZTesco Home Insurance offers 50% discountCustomers who get a quote for Tesco Home Insurance before 11th December will qualify for a 50% discount off the first year?s premium for buildings and contents insurance.
The deal is available to new customers who buy a policy within 90 days and applies for the first year only. Customers can buy buildings or contents cover separately and still get the 50% discount deal.
Head of Insurance at UK Insurance Indextag:blogger.com,1999:blog-16206196.post-30482680276949889332007-10-04T12:41:00.000+01:002007-12-19T22:28:57.061ZSainsburys introduces home insurance discountsSainsburys home insurance has introduced a new discount offering 12 months buildings and contents cover for the price of nine, plus an additional 10% discount if you buy online. The new discounts are available to new customers buying both buildings and contents cover together between 2nd October and 27th November 2007.
Head of Home Insurance at Sainsbury's, Steve Johnson, said.. "Home insurance UK Insurance Indextag:blogger.com,1999:blog-16206196.post-70146294283978510492007-09-06T18:00:00.000+01:002007-12-19T22:32:14.291ZUniversity students urged to buy possessions coverUniversity students starting or returning to their courses are being urged to get adequate student possessions insurance to protect themselves and their valuables. Figures released by the Home Office show that 1 in 3 students are a victim of crime each year, and three times more likely to be burgled than the average home owner.
The advice comes from the British Insurance Brokers Association (UK Insurance Indextag:blogger.com,1999:blog-16206196.post-88859308544773075712007-07-18T19:25:00.000+01:002007-12-19T22:33:33.258ZBritish homeowners don't bother reading policy documentsMore than a third of UK homeowners don't bother to read their insurance documents according to research by Tesco Home Insurance.
The study found that 34% of policyholders prefer to leave these important documents languishing in a drawer rather than familiarise themselves with the terms and conditions of their cover. Of those questioned, 41% admit that their home contents cover limit might not beUK Insurance Indextag:blogger.com,1999:blog-16206196.post-41379134560041130532007-06-26T12:51:00.000+01:002007-12-19T22:34:37.404ZUK home insurers issue flood adviceWith many homes suffering damage from the devastating floods this week, More Than Home Insurance has issued the following advice to homes and small businesses affected by the flood water.
Your home insurance company is there to help and should offer you flood and claims advice. Check your policy documents for the necessary contact details.
Most importantly, do not touch any electrics
Take noticeUK Insurance Indextag:blogger.com,1999:blog-16206196.post-57306926673074951172007-06-22T12:05:00.000+01:002007-12-19T22:35:36.287ZIncreasing home security could mean lower insurance costsThe latest Safety Uncovered research from Legal and General home insurance shows that British residents are taking greater responsibility to safeguard themselves and their possessions.
Whilst the risk of becoming a victim of crime has fallen during the past ten years, this latest research shows that people are still concerned so are taking action to ensure their own safety...
25% have a burglar UK Insurance Indextag:blogger.com,1999:blog-16206196.post-43493402858965651452007-06-13T12:34:00.000+01:002007-06-15T12:01:13.945+01:00Home workers at risk from inadequate coverLeading UK insurer, Cornhill Direct home insurance is warning people who work from their home that they could face financial problems if they neglect to ensure they have adequate insurance.Whilst most employed people working from home should be covered by their employer?s cover, anyone thinking of starting their own business from home should double check they have the right homeworker insurance UK Insurance Indextag:blogger.com,1999:blog-16206196.post-87534422731005952582007-05-24T11:52:00.000+01:002007-05-24T12:27:42.124+01:00Sainsbury's highlight lack of NCD on home insurance policiesSainsburys home insurance believes that many UK home insurers are not treating their customers fairly because they provide a no-claims discount on their motor insurance but not on home insurance policies.
The supermarket insurer states that this results in many home insurance customers losing out on potentially huge premium savings. And, if they do make a claim, their premiums may rise sharply UK Insurance Indextag:blogger.com,1999:blog-16206196.post-80867175612246222222007-04-27T15:16:00.000+01:002007-05-16T11:27:59.528+01:00Running a home now costs £11,035 a yearFollowing analysis of industry data, Sainsburys home insurance estimates that the annual cost of running a home in the UK has risen by as much as £1,199 since 2004/05. An increase of 12% or £3.28 a day.
However, Sainsburys Bank advises that homeowners could dramatically reduce this cost if they shop around for more competitive rates on their home insurance, mortgages and energy supplies. Free UK Insurance Indextag:blogger.com,1999:blog-16206196.post-59620455349048384792007-02-22T16:29:00.000Z2007-03-18T16:35:52.151ZMore Than offers free contents coverUK insurer More Than is rewarding customers who do not make a claim on their home contents insurance with a unique two-year fixed price option, including an added bonus of a third year for free if no contents claim is made in the first two years.
The offer, open to new customers from 20 January 2007, will typically save homeowners £100 over the course of the three years compared to a standard UK Insurance Indextag:blogger.com,1999:blog-16206196.post-21268154392296623192007-02-02T16:17:00.000Z2007-03-18T16:28:42.866ZConsumers urged to look beyond price when buying home insuranceCornhill Direct home insurance and customer service has been praised in two independent surveys of the general insurance market.
Research company Defaqto, which rates insurance policies by their quality of cover rather than premium, recently judged Cornhill Direct?s buildings and contents insurance as five star products.
In separate research, Direct Excellence, a company which produces UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1156593405105163952006-08-26T12:54:00.000+01:002007-05-16T13:25:07.442+01:00Students can insure expensive gadgets for freeWith A-level results out this week, it won?t be long until parents see their sons and daughters off to university.
With students likely to pay over £33,000 for a three year degree*, moneysupermarket.com, the price comparison website, urges parents not to let their children squander money on potentially unnecessary home contents insurance.
Peter Gerrard, moneysupermarket.com?s senior researcher,UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1146774252251074152006-05-04T21:21:00.000+01:002007-05-16T13:24:05.753+01:00Insurer names UK's worst towns and cities for burglaryThe UK's worst towns and cities for household theft were named today in a report from Endsleigh home insurance.
Nottingham came out as the most burglary-prone city, closely followed by Hull. Guildford came out as the safest town in terms of household theft.
Endsleigh has compared the frequency of theft claims in different UK towns and cities to the Endsleigh national average. The data thereforeUK Insurance Indextag:blogger.com,1999:blog-16206196.post-1129540557566598472005-10-10T10:12:00.000+01:002007-03-21T17:35:11.665ZBe prepared for flood risk this winterHome insurance provider MORE TH>N has urged homeowners and businesses in flood risk areas to prepare for the forthcoming winter months and avoid any potential flood damage.
Five years on from the devastating floods in Autumn 2000 which affected more than 10,000 households, MORE TH>N is offering guidance to homeowners and businesses in areas that could be affected by rising water levels.
David UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1125834456865466762005-08-04T12:44:00.000+01:002007-03-21T17:33:33.080ZBritish homes vulnerable to theftA new survey by Prudential Home Insurance has revealed that householders are not doing enough to safeguard their homes from burglary.
Despite the fact that one-in-five have experienced a burglary, they currently spend on average less than £25 a year on home security and a fifth (22%) of the nation is spending absolutely nothing. To ensure homeowners don?t add to the statistics, Prudential has UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1125834617180280362005-07-02T12:48:00.000+01:002005-09-04T12:50:17.180+01:00A third of single person households underinsuredBritain?s growing number of single households could be sitting on an insurance time-bomb if they do not take out home insurance to cover the mounting value of their home contents ? currently £19,284 ? warns leading home insurer MORE TH>N.
A third of Britons living alone don't have home contents insurance, leaving their valuables uninsured. If this continues, the value of uninsured contents will UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1125853310343390082005-05-14T17:59:00.000+01:002005-09-30T15:45:31.290+01:00£529 million to repair bodge jobs on British homesAccording to new research from Direct Line Home Insurance, Britons are paying out an extra £529 million to fix bodged jobs by untrustworthy tradespeople.
Just in the past year alone, more than half a million Britons - one in 50 of those who have had work carried out - were forced to employ a second tradesperson to repair recently completed but botched jobs. These unlucky Britons have each UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1125853017442735702005-04-26T17:54:00.000+01:002005-09-07T11:54:00.790+01:00Burglary fears rise as one in thirty UK homes burgledThe fear of home burglary is on the rise with close to 10 million Britons expecting to be burgled in 2005, according to new research from Direct Line Home Insurance.
The findings highlight that almost half of Britons (47 per cent) are concerned about encountering an intruder in the home, although 29 per cent are unaware of what action they can legally take to protect themselves should this UK Insurance Indextag:blogger.com,1999:blog-16206196.post-1125674939924915402005-04-25T16:19:00.000+01:002005-09-02T16:28:59.930+01:0025% of homeowners without mortgage protectionA survey commissioned by Friends Provident has revealed that nearly a quarter of homeowners in the UK admit that they don't have cover to pay off their mortgage debts in the event of their death - and, among first time buyers, this shortfall is soaring.
And despite almost three quarters of property owners (72%) without adequate cover admitting that they'd lose their home in the wake of family UK Insurance Index