We all felt costs of household bills and essential products creeping up in 2022 due to the cost-of-living crisis; however many households will have welcomed a reduction in average home insurance premiums between April and October. However, due to rising inflation, supply chain concerns and climate issues, EY forecasts that UK home and motor insurers are set to make the largest annual loss in over a decade in 2023, resulting in increased premiums for consumers. In an ever-changing market, there are still many things consumers can do to save

Home insurance provides peace of mind and is hopefully something you never have to use. But when an issue does arise you want to be sure your claim will be accepted. The bottom line is that if you have a genuine claim and it is within the terms of your insurance policy a claim will be accepted. However, there are a number of reasons why an insurer may not pay out, or only pay out part of the amount you’ve claimed for. This month, we explore those reasons, so

Your home is probably the biggest investment you will ever make and your belongings are precious assets you will want to protect. However, with the cost of living and energy bills shooting up, you may be looking at your home insurance and wondering if you’re getting the best value for money. If you have a mortgage, it is a requirement that buildings insurance is in place; but even if you are lucky enough to own your home outright, not having insurance isn’t very sensible. Should the worse happen you