Not switching home insurance cost Brits £26m last year

Of those that saw an increase in excess of inflation – just 16% made a claim on their policy in the last year and only 5% increased the level of their cover – suggesting over 3 million homeowners simply took the price increase for granted.

Worryingly, only just over one in five (22%) admitted to thinking about moving their policy, despite seeing a price increase above inflation. Also – only one in twelve (8%) shopped around and discovered they couldn’t get the insurance cheaper anywhere else

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: