Residence contents insurance premiums fall by 8.2% in comparison with the earlier yr – insurance age

Research by Consumer Intelligence has shown that home insurance premiums fell 8.2% over the past year due to Covid-19 and an ongoing "price war" on price comparison sites.

However, the analytics expert expects increased volatility in the coming months, driven by the new pricing rules that insurers and brokers will have to comply with from January 2022.

Harriet Devonald, pricing expert at Consumer Intelligence, commented, “More people are staying at home longer – with

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