When you've got a list of quotes online, also including insurers not listed on comparison websites such as Direct Line, for the same cover amount you currently have, call up your insurer and ask it to lower your quote. Average home insurance premiums across the UK have risen 7.6% following extreme winter events including the "Beast from the East" and Storm Emma, according to Consumer Intelligence data. Direct Line's share price fell ~4 per cent in early trading after it reported a drop in its first-half profit. Insurtech and smart homes' ability to detect problems early will help reduce premiums in the future, but not enough customers and insurers are taking up these solutions, said John Blevins from Consumer Intelligence.
Average home insurance premiums across the UK have risen 7.6% following extreme winter events including the "Beast from the East" and Storm Emma, according to Consumer Intelligence data. Direct Line's share price fell ~4 per cent in early trading after it reported a drop in its first-half profit. Insurtech and smart homes' ability to detect problems early will help reduce premiums in the future, but not enough customers and insurers are taking up these solutions, said John Blevins from Consumer Intelligence.