Repair costs continue to push up home insurance premiums

home-property-management

According to the Association of British Insurers’ premium tracker, home insurance premiums increased 3% in the first quarter of 2024, following a severe winter for weather damage.

The tracker showed the average home insurance (combined buildings and contents) premium increased to £375, while buildings-only cover increased 5% to £298 and contents-only cover remained static at

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FCA strips back insurance rulebook

The Financial Conduct Authority has kicked off the British Insurance Brokers’ Association’s 2025 conference by outlining plans to ditch what it deems “outdated and duplicated requirements” from its insurance rulebook.

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