UK motor insurance news
24/08/2007

Online car insurance site warns of home insurance hike

The online car insurance comparison site moneysupermarket.com has commented on a 10% rise in home insurance from Norwich Union.

The site, which offers a free motor insurance quote comparison service to UK drivers, has explained that the rise will be similar to that which car insurance customers experienced in 2006.

A spokesperson for the online car insurance site said: "It is the turn of the homeowner to bear the brunt of Norwich Union's price hikes. Last year, it increased car insurance premiums by an average of 16% - a staggering 40% in some cases - and now homeowners will find their premiums rising by 10%.

"Homeowners who haven't made a claim in the past 12 months should expect a fall in their Norwich Union premiums - instead they will face a price hike.

"This is a wake up call for homeowners who should ensure they shop around when they renew their policy. Otherwise, they could be in for a nasty surprise," the moneysupermarket.com spokesperson warned.

 

 

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