{"id":145441,"date":"2024-06-24T16:30:25","date_gmt":"2024-06-24T09:30:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-has-the-cost-of-home-insurance-suddenly-gone-through-the-roof\/"},"modified":"2024-06-24T16:41:23","modified_gmt":"2024-06-24T09:41:23","slug":"why-has-the-cost-of-home-insurance-suddenly-gone-through-the-roof","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-has-the-cost-of-home-insurance-suddenly-gone-through-the-roof\/","title":{"rendered":"Why has the cost of home insurance suddenly gone through the roof?"},"content":{"rendered":"


\nRenewal quotes have soared by 42%, on average, in the year to AprilAfter seven years living in his flat in Hove, East Sussex, Tony Mollett was used to paying about \u00a3100 for his contents insurance. Then, in April, he got a renewal notice for \u00a31,076 \u2013 10 times the cost of his last premium.Nothing had changed about the level of cover, nor had he made any claims which might help explain why it had soared. His broker, Swinton Insurance, told him it was the best it could offer. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Why has the cost of home insurance suddenly gone through the roof?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Renewal quotes have soared by 42%, on average, in the year to AprilAfter seven years...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-145441","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-BPP","jetpack-related-posts":[{"id":9282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-accident-was-not-my-fault-but-my-insurance-premium-rose-50\/","url_meta":{"origin":145441,"position":0},"title":"Car accident was not my fault but my insurance premium rose 50%","date":"February 19, 2015","format":false,"excerpt":"\r Equity Red Star car insurance costs soared after no-fault collision with a busWhen I received my annual renewal notice for a multi-car insurance policy with Equity Red Star, I found my premium had risen by 50%. On checking, I discovered that a \u00a31,350 claim had been made against me\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-insurance-premiums-have-soared-in-recent-years-how-to-reduce-your-costs\/","url_meta":{"origin":145441,"position":1},"title":"Homeowners insurance premiums have soared in recent years. How to reduce your costs","date":"June 2, 2026","format":false,"excerpt":"\r Insurance premiums have soared for many homeowners in recent years, but there are steps policyholders can take to reduce them, experts said.\r \r Source : cnbc.com\r Read more...Homeowners insurance premiums have soared in recent years. How to reduce your costs","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-frame-the-real-cost-of-making-an-insurance-claim\/","url_meta":{"origin":145441,"position":2},"title":"In the frame \u2026 the real cost of making an insurance claim","date":"November 13, 2017","format":false,"excerpt":"\r I claimed \u00a3123 from LV= for broken spectacles but my premium has gone up by \u00a371I am in dispute with LV= over the renewal of my home insurance which has gone up from of \u00a3160 to \u00a3231. When I queried this by phone I was told it was mostly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-renewal-quote-for-co-op-home-insurance-has-almost-tripled-to-1353\/","url_meta":{"origin":145441,"position":3},"title":"My renewal quote for Co-op home insurance has almost tripled to \u00a31,353","date":"April 23, 2025","format":false,"excerpt":"\r After previously paying \u00a3518, quote comes as shock to loyal customer who has made no claims in many yearsIn February, we received our home insurance renewal quote from Co-op Insurance for the coming year, and were shocked to read it would near-triple from \u00a3518 to \u00a31,353.We have had buildings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/direct-line-why-has-my-home-insurance-gone-up-by-442-in-one-year\/","url_meta":{"origin":145441,"position":4},"title":"Direct Line, why has my home insurance gone up by 442% in one year?","date":"September 23, 2017","format":false,"excerpt":"\r The firm\u2019s new tool for assessing flood risk could see home premiums soar, as one reader with a \u00a31,000 policy discoveredWhen Paul Barlow from south London opened his latest home insurance renewal quote from Direct Line, he was staggered by the increase in the premium. The year before the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-car-insurance-in-uk-hits-record-high-after-11-jump-in-12-months\/","url_meta":{"origin":145441,"position":5},"title":"Cost of car insurance in UK hits record high after 11% jump in 12 months","date":"July 18, 2017","format":false,"excerpt":"\r Changes to compensation rules and rise in insurance premium tax blamed, as drivers pay \u00a3484 on average for annual policyThe cost of car insurance has soared by 11%, nearly four times the rate of inflation, over the past year, taking the cost of motor cover to a record high.UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145441"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=145441"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}