Insurers slammed over auto-renewal 'loyalty tax' of £37m

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Insurers have been slammed for increasing rates on auto-renewals, amounting to what campaigners call a 'loyalty tax' of £37m.

Research carried out by Moneysupermarket indicates that the average home insurance policy increases by over £9 annually, adding up to £37m per year collectively.

The research revealed that 26% of

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