Articles

Small premium, big payout

£6.1 billion – that’s £6,100,000,000 – was paid by insurers for claims during 2025.  That is a phenomenal amount of money and the main cause of property damage is due to water – whether escape of water (burst pipes and so on), flood and storm. This illustrates the...

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Travel Insurance  “Don’t pack your worries”

Travel Insurance “Don’t pack your worries”

The UK’s travel insurance market is currently valued at around £1.62 billion and is forecast to be worth around more than £3 billion by 2030. In 2024, UK travel insurers paid out £472 million across more than half a million claims, with over a third relating to...

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Fire & Lightning

Fire & Lightning

While less frequent than water damage, these claims are often the most costly. In the UK, fire and explosion incidents account for roughly 17% of all domestic home insurance claims, making them a significant cause of property damage. Lightning strike claims are less...

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Policy excesses – are they worth the premium saving?

All insurance policies will have a compulsory excess (otherwise known as a deductible), and this excess can be increased in exchange for a premium reduction.  Or does it?   Different insurers will have different discounts for voluntary excesses, and the starting...

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