Home insurance Market competition helps to maintain affordable prices for home insurance. Peter, January 24, 2024March 7, 2024 Home Insurance Prices Remain Stable Average bills for home insurance have only increased by 2.1% over the past year, according to analysis from data analytics expert Consumer Intelligence. This slight increase is in line with the UK’s inflation rate, showing a competitive marketplace for home insurance. Long-Term Trends Although there… Continue Reading
Home insurance Top Companies Dominating the Home and Auto Insurance Industry Peter, January 24, 2024March 7, 2024 Brand Strength in the Insurance Market When discussing the home and motor insurance market, the strength of a brand remains a crucial factor. Our Insurance Behaviour Tracker (IBT) analyzes brand performance by surveying consumers on their awareness of insurance brands and their likelihood of obtaining a quote from them. By… Continue Reading
Home insurance The home insurance brands experiencing the most rapid growth in the UK Peter, January 21, 2024March 7, 2024 Aviva’s Growth in the UK Home Insurance Market Aviva experienced significant growth in the UK home insurance market during the first half of the year. According to the latest data from Consumer Intelligence, Aviva’s market share has increased by 0.8% compared to six months ago. The data was collected from… Continue Reading
Home insurance Home insurance costs nearly 50% more for London residents compared to those living in the North East. Peter, January 18, 2024March 7, 2024 Home Insurance Premiums Increase Home insurance premiums have increased by 2.7% in the last six months alone. The average cost for buildings and contents policies now stands at £139. Regional Trends in Home Insurance Analysis from data analytics expert Consumer Intelligence shows that homeowners across the country have experienced this… Continue Reading
Home insurance Increase in Home Insurance Rates Due to Unpredictable Weather Peter, January 18, 2024March 7, 2024 ![](https://comparelifeinsurancedeals.com/wp-content/uploads/2024/03/1709728763556.jpg) Homeowners across the country have experienced a 2.9% increase in average home insurance prices over the past six months due to the intense 2019-2020 UK storm season. Data analytics expert Consumer Intelligence analysis shows that average overall premiums in the market currently stand at £149. Premiums for over-50s have… Continue Reading
Home insurance Homeowners Contemplate Dropping Insurance Coverage Amid Growing Financial Pressure Peter, January 17, 2024March 7, 2024 14% of individuals are considering canceling their contents insurance as they are now primarily at home. 11% are contemplating reducing or canceling their policy due to financial constraints. ![](https://comparelifeinsurancedeals.com/wp-content/uploads/2024/03/1709728751244.png) The most recent study from data insight specialist Consumer Intelligence reveals that the cost of buildings and contents insurance has increased… Continue Reading
Home insurance Home Insurance Brands Experiencing Rapid Growth Peter, January 16, 2024March 7, 2024 Growth in Home Insurance Market Share QuoteMeHappy and Admiral experienced significant growth in the home insurance market share during the second half of 2019, according to the latest figures from Consumer Intelligence. Each brand increased its market share by 0.61% in the six months leading up to December 31, 2019…. Continue Reading
Home insurance UK Home Owners Benefit from Lower Insurance Premiums Due to Decreased Claims Peter, January 15, 2024March 7, 2024 The average home insurance policy has decreased by 0.3% in the past three months due to fewer claims during the coronavirus crisis, as people stayed home more. However, premiums have increased by 3% over a 12-month period. A significant decrease in recorded crime since the start of the lockdown has… Continue Reading
Home insurance Home renovators face the risk of being left behind due to lack of awareness. Peter, January 11, 2024March 7, 2024 The coronavirus pandemic has led to an increase in the amount of time spent at home for many of us. With offices closing back in the Spring, Brits have found themselves working from home more frequently. As a result, a significant number of people have been investing time, effort, and… Continue Reading
Home insurance Radical Redistribution Peter, January 9, 2024March 7, 2024 6.5 million people could face financial difficulties as a result of the car and home insurance price rises set to be ushered in by the FCA’s proposed ban on dual pricing. The proposals are designed to stamp out price walking and ensure that renewal prices are no higher than the… Continue Reading