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The Guardian - UK
The Guardian - UK
Business
Miles Brignall

Lloyds charged my mum an astronomical amount for insurance

Lloyds
A logo is pictured on a sign outside a branch of a Lloyds Bank in London
Lloyds Bank quoted £606 a year for a modest terrace house when replacement cover was just £127. Photograph: Tolga Akmen/AFP/Getty Images

I have power of attorney over my 86-year-old mum’s finances due to her failing health.

I received a letter regarding her Lloyds Bank home insurance policy which was up for renewal. The price was £606, a crazy figure given that she lives alone in a modest terrace house.

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