Motorists warned to watch out for thieves targeting vehicles left to defrost Motor insurance policies may exclude theft where keys are left in the ignition, the Association of British Insurers said. The Independent UK · Jan 15, 2024
As extreme weather increases, watertight insurance is a must With storms and floods becoming more frequent, the cost of policies is soaring. But homeowners could face repair bills in the thousands without it The Guardian - UK · Jan 15, 2024
People affected by Storm Gerrit urged to contact insurers for help and advice The priority for insurers will be to help affected homeowners, businesses and drivers recover as soon as possible, an ABI spokesman said. The Independent UK · Dec 27, 2023
Here’s how much the average home insurance payout has increased In the year to September 30, the average sum paid out by home insurers was £4,096, marking a 64% increase compared with the previous year The Independent UK · Dec 19, 2023
Christmas shoppers warned to be on their guard against thieves According to the Association of British Insurers, insurers dealt with the equivalent of 185 domestic burglary claims per day last Christmas. The Independent UK · Dec 11, 2023
ABI urges cut to tax adding nearly £100 to motor and home insurance cost For motor and home insurance alone, insurance premium tax typically equates to an added cost approaching £98 per year, the ABI said. The Independent UK · Nov 16, 2023
29% annual jump in average price paid for motor insurance Delays in repair and supply chains, the rising cost of raw materials and increasingly sophisticated car technology are feeding into insurance costs. The Independent UK · Nov 8, 2023
How to choose the right UK health insurance From saving money with an excess or discounts to weighing up the ethics The Guardian - UK · Oct 23, 2023
Households affected by Storm Babet urged to tell insurers as soon as possible Insurers can make emergency payments, arrange temporary emergency accommodation, and organise necessary repairs, the ABI said. The Independent UK · Oct 19, 2023
Home insurers record a jump in subsidence payouts as volume of claims rises The total value of subsidence payouts, at £54 million, jumped by 21% compared with the second quarter of 2022, the ABI said. The Independent UK · Sep 18, 2023
Motor and buildings insurance complaints to ombudsman hit five-year high From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases. The Independent UK · Sep 13, 2023
Insurers urge ‘extreme caution’ by Government over potential pension changes The central purpose of DB pension schemes to pay the benefits promised to members should not be undermined, the Association of British Insurers said. The Independent UK · Sep 6, 2023
Record £2.5bn in motor claims was paid out between April and June, says ABI Energy inflation, labour rates, more costly repairs, longer repair times and increased second-hand car prices have fed into motor insurers’ costs. The Independent UK · Sep 4, 2023
Feeling the heat: how extreme weather is pushing up UK home insurance costs Subsidence claims rise as climate crisis causes heatwaves, storms and flooding The Guardian - UK · Aug 28, 2023
The Independent UK · Aug 22, 2023 Insurance scams drop by nearly a fifth, but value jumps as fraudsters ‘aim big’ The Association of British Insurers said the number of fraudulent claims dropped by 19% to 72,600 last year, marking the lowest figure since 2005.
The Independent UK · Aug 10, 2023 Average price paid for motor insurance has reached record high, says ABI The average premium paid for private comprehensive motor insurance in the second quarter of 2023 was £511, the highest since records started in 2012.
The Independent UK · Jul 19, 2023 Travel insurers ‘dealt with one new claim every two minutes typically in 2022’ Travel insurers dealt with 362,000 claims in 2022, surging by 148% compared with 2021, according to the Association of British Insurers.
The Guardian - UK · Jul 19, 2023 Europe heatwave: what should you do about travel plans across the continent? Sweltering temperatures and wildfires are leaving holidaymakers on edge – and insurers won’t pay out for every scenario
The Week · Jul 13, 2023 How to find the right home insurance Home insurance premiums are rising, but this type of cover may be too important to skip.
The Guardian - UK · Jun 25, 2023 UK drivers complain as car insurance renewal costs rise up to 70% Latest financial pain in cost of living crisis comes from steep price increases for motor cover
The Independent UK · Jun 20, 2023 Pet insurance payouts top £1bn in 2022 as owners face costly vet treatment Claims reached a record high in 2022 as pet owners faced expensive vet bills, the Association of British Insurers said.
Evening Standard · Jun 12, 2023 Why has car insurance gone up? Londoners now pay more than £1,600 The average car insurance cost in the UK is at its highest ever recorded
The Independent UK · Jun 8, 2023 Record £2.4bn in motor claims paid in first quarter of 2023, say insurers The total value of motor claims payments recorded by the Association of British Insurers was up by 14%, compared with the first quarter of 2022.
Daily Record · May 18, 2023 Average price of home insurance rises to more than £310 during first part of this year Home insurers paid out £2.5 billion to help customers cope with unexpected events in 2022.
The Independent UK · May 17, 2023 6% annual increase in average price paid for home insurance The average price of combined home buildings and contents insurance has increased at a below-inflation rate over the past year, the ABI said.