Home insurance market "still very competitive" by Finance News Bulletin

Published: 22/12/07

A full 54 per cent of UK motorists have ambitious without headlights over the past year, according to new investigateHomeowners can still advantage from a very competitive home insurance deal, according to the British Insurance Brokers' friendship (Biba)Homeowners can still advantage from a very competitive home insurance deal, according to the British Insurance Brokers' Association (Biba)The organisation claims the marketplace is "still very spirited" despite fears that the flooding over the summer would guide to increased home insurance premiums

"Home insurance is still ultra-competitive and you see during any advert break on television, companies saying we will be your cheapest home insurance option," commented Graeme Trudgill, technical armed forces manager at BibaThis trend is replicated in the car insurance marketplace, as Reuters reported that despite an increase in claims next this summer's floods, premiums remained lowIt states that premiums increased by now over one per cent between the second quarter of 2007

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