I got my home ins renewal with basically no changes.
The cot shout up 29% so off to visit the fat opra singer & the meerkats. Result the same or higher.
A cartel I suspect that is robbing us blind!!!
Sounds all too familiar John.
Excuse I got was two-fold: 'although you haven't ever claimed, claims in general are on the up due to a rise in theft and general claims due to inclement weather" and secondly, a few of the companies who used to supply home insurance, at a more reasonable price, have closed their doors or been taken over by the larger groups - the excuse being providing cost effective home/contents insurance was not lucrative and put said companies in commercial jeopardy.
Needless to say, this means the companies who are active will hike their prices up because there is now less choice in the market.
The above info came from the mouths of two brokers whom I respect and know their markets well.
