All we seem to hear about these days is the ‘cost of living crisis’ where everything is getting more expensive and stretching our budgets to the max. Well, here’s one good piece of news: the average price of insuring your home is down by 7% over the last year, with the price of covering your…
On-line comparison websites don’t tell the full story: #DeriskingTheFuture
Bad weather insurance claims soared by almost 300% in the first quarter of this year as insurers helped customers who had been hit by the extreme weather. The so-called Beast from the East and Storm Emma caused widespread disruption in late February and March and led to property insurers paying out a record breaking amount…
Coinciding with the 30th anniversary of the Great Storm of the 15 and 16 October 1987, the ABI has issued a warning that the impact of climate change on the UK is likely to mean a higher number of more expensive wind storms. The Great Storm led to the deaths of 18 people in the…
Insurers have a small army of people ready to go into immediate action in the event of any flooding this winter, the Association of British Insurers (ABI) has announced. On the anniversary of last winter’s severe floods the ABI was keen to reassure people that insurers have thousands of staff on standby to deal with…