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The Independent UK

Business

Vicky Shaw

Home insurance cash payouts may leave some people out of pocket, Which? warns

Which Insurance

Which? warned some home insurance customers may end up partially paying for repair costs from their own funds (Alamy/PA) -

Insurance customers are being warned by Which? to carefully weigh up potential cash settlements, amid concerns some offers may not be in their best interests.

When resolving a claim, insurers may offer to repair or replace losses itself, a cash settlement, or a combination of the two.

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