Insurance News

Edinburgh is the cheapest place to get health insurance, paying 15.74% less than the national average. Londoners, on average, pay £108.63 a month for health insurance, which is over a quarter more expensive than the national average at £86.07 per month. This is according to myTribe, which used eight different insurance providers and over 700 quotes to determine these figures.

Londoners, on average, pay £108.63 a month for health insurance.

Motorists in the UK are paying more to insure their vehicles. This is according to the Association of British Insurers (ABI), which stated the current average premium rose to £511 in the three months to June 2023 – up 21% on the same period last year.

Despite losing customers, the company reported a 4% increase in profit compared to last year.

Once you signed the dotted line on your life cover, you may have put the documents away and forgotten about them entirely. However, many life insurance policies carry additional benefits that could bring value to your life over the years to come.

Many life insurance policies carry additional benefits that could bring value to your life over the years to come.

Home insurance claims payouts reached record highs in the third quarter of 2024 as the cost of premiums rose above £400. See more on how you can protect your home.

Home insurance claims payouts reached record highs in the third quarter of 2024 as the cost of premiums rose above £400.

If a pet has a pre-existing illness or is already sick, it may be a challenge for pet owners to find pet insurance, but there are options available

If a pet has a pre-existing illness or is already sick, it may be a challenge for pet owners to find pet insurance, but there are options available

Four in 10 travel insurance policies do not offer protection for those whose holidays are disrupted due to strike action, according to research by Which?. If your flight is cancelled, even in the event of ongoing strikes, then you have a legal right to a full refund or a replacement flight to get you to your destination. This means if you are part-way through your journey, such as waiting at a connecting airport, then you have the right to request a flight back to your original airport of departure.

Four in 10 travel insurance policies do not offer protection for those whose holidays are disrupted due to strike action, according to research by Which?.

Travel insurance policies require an average wait time of almost 12 hours before allowing its users to claim cancellation cover, according to data collected from Moneyfacts in May. In some instances this can be as much as 24 hours before someone can claim, which can be less than ideal for an individual or family with no place to stay for free nearby while they await their next flight.

Travel insurance policies require an average wait time of almost 12 hours before allowing its users to claim cancellation cover.

Home insurance provides essential peace of mind to homeowners, but that doesn’t mean all home insurance policies are equally valuable. That’s why the experts at Moneyfacts have once again assessed the home insurance market to see who’s worthy.

Home insurance provides essential peace of mind to homeowners, but that doesn’t mean all home insurance policies are equally valuable. That’s why the experts...

During the height of the lockdown in April, the Office for National Statistics (ONS) found that 46.6% of workers were working from home and, of these, 86.0% were doing so as a result of Coronavirus pandemic

During the height of the lockdown in April, the Office for National Statistics (ONS) found that 46.6% of workers were working from home

A growing number of UK adults now have private medical insurance (PMI), we explore the reasons for this and how to choose the right PMI policy.

A growing number of UK adults now have private medical insurance (PMI), we explore the reasons for this and how to choose the right PMI policy.

Last year saw a boom in pet ownership, but for many people having a four-legged friend can make finding rental accommodation a challenge which could prove a lucrative investment opportunity for landlords

Last year saw a boom in pet ownership, but for many people having a four-legged friend can make finding rental accommodation a challenge

The clocks are set to go back this weekend (29 October), but it isn’t just an extra hour of darkness that homeowners need to worry about – there’s also the rise in home insurance claims that occurs as a result of that darkness to consider.

The clocks are set to go back this weekend (29 October), but it isn’t just an extra hour of darkness that homeowners need to worry about – there’s also the...

If you’re looking for a new home insurance policy, you want it to be one you can trust, with the features you need and a level of service you can rely on. Sometimes knowing where to start can be easier said than done, so we’re here to help.

If you’re looking for a new home insurance policy, you want it to be one you can trust, with the features you need and a level of service you can rely on....

An estimated 19.2 million getaway trips are expected between Friday and Monday.

An estimated 19.2 million getaway trips are expected between Friday and Monday.

The cost of insurance continues to rise across the board, but it looks as though van drivers have been particularly hard hit, with figures from Consumer Intelligence showing that average van insurance costs have rocketed to a three-year high.

The cost of insurance continues to rise across the board, but it looks as though van drivers have been particularly hard hit, with figures from Consumer...

Insuring our health should be at the top of the agenda, yet it can be difficult to know where to start. We’ve just announced the private medical insurance policies that have been awarded a Moneyfacts Star Rating, helping you narrow down the options.

Insuring our health should be at the top of the agenda, yet it can be difficult to know where to start. We’ve just announced the private medical insurance...

New research has revealed the barriers that stop people from buying protection products, with not seeing the benefit of such protection sitting just behind the thought that it is too expensive as the main reason for not taking out cover.

New research has revealed the barriers that stop people from buying protection products, with not seeing the benefit of such protection sitting just behind...

Another day, another set of figures to say that car insurance costs are rising – and unfortunately, there’s no end in sight.

Another day, another set of figures to say that car insurance costs are rising – and unfortunately, there’s no end in sight.

It may have felt like winter lasted forever this year, but despite it being with us for months on end, it was surprisingly mild – which makes the finding that home insurance costs edged up rather unexpected.

It may have felt like winter lasted forever this year, but despite it being with us for months on end, it was surprisingly mild – which makes the finding...

Car insurance premiums rarely show signs of falling these days, and latest research from Consumer Intelligence shows that the upwards march is only continuing, with average premiums having risen by a whopping 9.3% in the past year.

Car insurance premiums rarely show signs of falling these days, and latest research from Consumer Intelligence shows that the upwards march is only...

UK drivers are putting their plans to switch to an electric vehicle (EV) on hold due to the cost of living crisis, according to the RAC. This year, the primary reason behind switching to an EV was due to its lower running costs.

UK drivers are putting their plans to switch to an electric vehicle (EV) on hold due to the cost of living crisis, according to the RAC.

If the turn of the year means your car insurance policy is up for renewal, you should certainly take a look at the latest Moneyfacts Annual Car Insurance Star Ratings that have been announced today.

If the turn of the year means your car insurance policy is up for renewal, you should certainly take a look at the latest Moneyfacts Annual Car Insurance...