Insurance companies will be confronted by the taoiseach and senior ministers today over their refusal to cover people in flood-prone areas.
With floodwater receding across the country, the true cost of the destruction is only now becoming clear.
The rising cost of flood cover
Reader hit by 1,300% insurance increase for a home that has never flooded
ALASDAIR BAXTER’S holiday home has never been flooded. But, last month, his insurer suddenly decided it was at “extreme risk” and raised the annual premium from £301 to £4,380 — an increase of more than 1,300%.
Insurance: check you have the right cover
Consumers are being left out of pocket because their insurance routinely falls short of expectations, according to a study carried out by the Chartered Insurance Institute (CII). The survey of 2,004 adults, by the body that oversees professional qualifications, uncovered a poor level of understanding about key aspects of home, travel and motor insurance cover, which can leave claimants with unexpected bills. [Read more…]
Troubleshooter: insured for a mystery phone
By pure chance six weeks ago I discovered that I have been paying for mobile phone insurance at £4.99 a month for 11 years.
I’m no boy racer, but will a black box help me cut my premiums?
Ali Hussain thought he was a good driver — until he had a black box installed in his car and the cost of his cover doubled [Read more…]
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