Homeowners face a “three strikes and you’re out” policy under a government-backed scheme that is supposed to provide affordable insurance in flood-risk areas.
Insurance premiums have risen by 20 to 50 per cent for one in three Irish motorists in the past year, a survey has found.
Q: I own a 950-year lease of a maisonette in Covent Garden. The ground landlord pays for insurance, which includes material damage and terrorism insurance. The ground landlord says terrorism cover is obligatory and that it has a right to charge for it. Is the terrorism insurance charge justified?
Your premium may rise if you fit a wood burner
ABOUT 200,000 wood-burning stoves were installed in British homes last year, and the number has more than doubled in just five years. But do insurers love them as much as their customers do? Sadly not.
The financial watchdog may launch an investigation into how insurers use social media sites such as Facebook to gather data on customers.