Home Insurance Prem...
 

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Home Insurance Premium SuperDuper Inflation

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Posts: 72
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Just had the renewal documents for our home insurance policy drop through the door.
Now it’s with the NFU, so I’m expecting a certain ‘premium’ on the premium because of this.
What I want expecting was a 79% increase on last year.

We insure almost everything save cars with them, so travel, dog, buildings, contents and named items are all on there.
Kindly they’ve itemised the premium so I can see that buildings (rebuild cost) and dog have increased the most, followed closely by contents and personal belongings.
I know inflation is running riot at the moment, but flipping heck, 79% is bonkers.

Will be calling to haggle on Monday, but apart from comparing meerkats has anyone got any other advice?


 
Posted : 16/12/2022 9:44 pm
Posts: 17106
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Our shop insurance was £300. Renewal was £600.
Shopped around and it was coming back around £1000.
The piss is monumentally being taken.


 
Posted : 16/12/2022 9:55 pm
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It's all headed upwards unfortunately. I consolidated our 2 x car insurance by adding on home insurance back in September.

At the time it looked like it'd give a healthy discount overall.

Car insurance renewal came in last week, my not very exciting Mk6 golf diesel has gone up from £180 to £260 and I cannot get it any cheaper shopping around. For the first time ever, got our Mini down below £250, which is daft as it's a higher insurance group. Home insurance up £25 too but tend not to get excited by that as we don't pay for accidental damage on contents so it's usually a steady £12 ish a month


 
Posted : 16/12/2022 10:09 pm
Posts: 5807
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My home insurance went up by less than 4% at renewal, I must admit I was surprised.


 
Posted : 16/12/2022 10:21 pm

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