Thursday, August 2, 2007

20% of all housholds face a 10% insurance premium hike

Norwich Union in 10% premium hike

"Norwich Union is to raise domestic property insurance premiums by an average of 10% from next week, the BBC has learned. The firm, the UK's largest household insurer, said that the hike was not linked to the recent floods and that the timing was coincidental." Yet one more burden on householders.

Posted by gone west @ 11:22 PM (326 views)
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4 thoughts on “20% of all housholds face a 10% insurance premium hike

  • C'mon Correction says:

    Doesn’t bother people who rent, their landlords will have to foot the bill. Even less return for the BTLers.

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  • All homeowners have recently increased their material wealth (whether they have earned it or not) – so why shouldn’t they pay extra to protect it?

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  • I demand my floodgates..

    From Property speculator and environment destoyer living soemwhere nice away from the proles!

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  • Hard Cheese says:

    Bet you that the 10% increase does not appear in the inflation statistics in the coming months. Increase what increase, who mentioned increase, not in our figures Guv!!

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