How insurers are using climate change as an excuse to TRIPLE the cost of home cover - News Summed Up

How insurers are using climate change as an excuse to TRIPLE the cost of home cover


In some cases, households have seen the prices of building and contents policies as much as triple, with 'changes to weather patterns' given as the reason for the rocketing costs. She says: 'I was sent a standard letter with no explanation for the unjustifiable price hike other than blaming the weather. What nonsense to use global warming as an excuse to hike premiums. He believes the real reason home insurance premiums are rising has little to do with the weather. Aviva said: 'We constantly analyse data to understand the latest weather patterns — monitoring to predict future risks.


Source: Daily Mail November 14, 2023 23:52 UTC



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