15
Jan
Concerns rising over home insurance costs
British consumers are becoming increasingly sensitive to variations
in the cost of their home insurance premiums, according to recent
research.
Figures compiled by the Consumer Intelligence (CI) company show
that recent months have seen the sharpest rise in interest
regarding the competitiveness of particular home insurance
deals.
Based on its findings, CI suggests that an increasing number of
people in the UK will be turning to price comparison websites to
find out how their own home insurance policy compares with others
on the market in months to come.
"Consumers long ago woke up to the fact that they can save serious
money on their motor insurance by switching providers," said Ian
Hughes, CI's managing director.
"It was only a matter of time before they applied the same
principle to home insurance."
A report from Halifax Home Insurance recently suggested that one in
four people in the UK underestimate the costs associated with
making home refurbishments.
