Motorists being charged car insurance rates of up to 40%, analysis shows
Some home insurers are charging nearly 35% APR on monthly payments, according to research by consumer group Which?
Some home insurers are charging nearly 35% APR on monthly payments, according to research by consumer group Which?
Average weather-related payout for home insurance last year was approaching £5,000, at £4,916. This was a jump compared with 2022, when the figure was £3,077.
In a major overhaul, the Financial Conduct Authority said insurers must stop charging existing customers more than new ones.