Posts relating to ‘home insurance’
Home insurance – Direct Line’s CEO leaves; indication of higher premiums?
29 January 2023
Why the shock resignation of Direct Line’s CEO may bother you. Penny James left Direct Line Insurance on last week (reported 27 Jan) after warning on 11 Jan that company profits were lower than forecast due to home insurance claims. The company is set to cancel a share buy-back (c £50m) and shareholder pay-outs for… Read more
28 November 2022
Are you prepared for winter power cuts? More and more pressure is being put on the UK’s electricity network from electric vehicles, trains and the increasing use of electricity in homes including heating and tech. Even green heating initiatives like air source heat pumps need electricity to work. The problem is that we don’t generate… Read more
Home Insurance – Winner or Loser?
17 November 2021
Are you a ‘winner’ or ‘loser’ in the Home Insurance ‘game’ for fair pricing? Winners: Examples of consumer groups who get the best deals. Private renters with children, People with low credit scores, Unemployed renters, Customes for contents only insurance. According to the Financial Conduct Authority, these groups of consumers are also most likely to… Read more
4 October 2021
As a Homeworker starting or running their own business, it’s fair to say that you are an ‘adventurer’ and risk-taker. It is important to network with other like minded people to find out what the good deals might be and to share experiences. Owners often over-look insurance in small business risk management plans. You probably… Read more
9 June 2021
Some firms use insurance discounts, offers, cashbacks, and even Soft Toys to try to get you to buy their cover! But, are you getting a good deal? Offers may work but you can be tempted into the wrong deal! The Financial Conduct Authority did an experiment to see how promotions could impact price comprehension and… Read more