{"id":1737,"date":"2016-01-16T14:00:25","date_gmt":"2016-01-16T07:00:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/welcome-to-the-great-home-insurance-swindle\/"},"modified":"2016-01-16T14:09:13","modified_gmt":"2016-01-16T07:09:13","slug":"welcome-to-the-great-home-insurance-swindle","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/welcome-to-the-great-home-insurance-swindle\/","title":{"rendered":"Welcome to the great home insurance swindle"},"content":{"rendered":"<p>&#013;<br \/>\nWe have recently been highlighting how loyal insurance consumers are hit with outrageous premium rises \u2013 and your response has been huge. Here are just a few examples showing how insurers see unsuspecting older people as fair gameThere can be no argument that the home insurance industry is engaged in the cynical exploitation of elderly customers, writes Patrick Collinson.The evidence is overwhelming \u2013 just look at the letters below. As is the fact that every company \u2013 mutual, cooperative, shareholder, specialist \u2013 is in on the game. They have all been seduced by a business model which amounts to offering a teaser rate, then stitching up unsuspecting older customers for years afterwards with absurd premium increases. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/jan\/16\/home-insurance-swindle-loyal-customers-premium-rises\" target=\"_blank\">Welcome to the great home insurance swindle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We have recently been highlighting how loyal insurance consumers are hit with outrageous premium rises&#46;&#46;&#46;<\/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-1737","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-s1","jetpack-related-posts":[{"id":103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-halifax-penalises-its-insurance-customers-for-their-loyalty\/","url_meta":{"origin":1737,"position":0},"title":"How Halifax penalises its insurance customers for their loyalty","date":"January 2, 2016","format":false,"excerpt":"\r When an elderly woman found her building insurance premiums too steep to pay, Halifax simply reopened her former mortgage accountHow much should the buildings insurance be on a \u00a3250,000 terrace house in Redcar, north-east England? It probably wouldn\u2019t be difficult to find quotes for less than \u00a3200. Yet what\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-pet-insurance-worth-it\/","url_meta":{"origin":1737,"position":1},"title":"Is pet insurance worth it?","date":"October 8, 2011","format":false,"excerpt":"\r Paying to insure against vet's bills can cost \u00a328 a month for a dog and \u00a313 for a cat. We look at what you get for your moneyIn these straightened times is it barking mad to be shelling out \u00a328 a month on pet insurance for your dog? Or\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/there-was-i-thinking-nationwide-actually-values-my-custom\/","url_meta":{"origin":1737,"position":2},"title":"There was I thinking Nationwide actually values my custom!","date":"February 24, 2016","format":false,"excerpt":"\r It keeps on hiking my house insurance premium with no explanation because it is \u2018commercially sensitive\u2019 informationI have been a longstanding customer of Nationwide building society because, until now, I believed it valued its customers. However, in 2014 the renewal premium on my house insurance went up from \u00a3370\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aa-warns-insurance-tax-will-increase-churn-as-it-suffers-63-6m-loss\/","url_meta":{"origin":1737,"position":3},"title":"AA warns insurance tax will increase &#039;churn&#039; as it suffers \u00a363.6m loss","date":"September 22, 2015","format":false,"excerpt":"\r Motor insurance firm \u2013 hit by the refinancing of expensive debt \u2013 also reports dip in half-year revenues but insists plans to overhaul business are on trackThe AA has slid to a near-\u00a364m loss and said that the government\u2019s increase in insurance premium tax would increase \u201cchurn\u201d among its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/continental-group-reports-26-insurance-premium-growth-in-2024-expanding-total-active-insurance-coverage-to-6-9bn\/","url_meta":{"origin":1737,"position":4},"title":"Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to $6.9bn","date":"March 27, 2025","format":false,"excerpt":"\r Continental Group's role in ensuring financial stability was underscored by the processing of $7.4 million in claims in 2024\r \r Source : arabianbusiness.com\r Read more...Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to .9bn","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/03\/DIFC-Gate-Building-in-Dubai-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-paid-for-no-claims-bonus-protection-but-my-insurance-premium-has-gone-up\/","url_meta":{"origin":1737,"position":5},"title":"I paid for no claims bonus protection \u2013 but my insurance premium has gone up","date":"March 22, 2016","format":false,"excerpt":"\r Zurich said that despite the extra insurance, I\u2019m going to have to pay more after a claimI insure my car with Zurich and pay extra for no claims bonus (NCB) protection. I had to make a claim this year for the first time and was told afterwards that my\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1737"}],"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=1737"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}