Car Insurance

Endsleigh today unveiled a promise to all NASUWT members across the UK that they will beat any existing home insurance renewal quote for them.

Endsleigh already offer customised deals for teachers and are now bolstering their NASUWT home insurance product by offering this price guarantee until 31 December 2011.

Endsleigh home insurance includes 24 hour replacement for laptops, TVs and bikes and free home emergency cover when building and contents insurance are purchased together.

All NASUWT teachers will also automatically have any home office equipment and garden contents insured as standard and cover for house keys.

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Tags: Home Insurance, Insurance, Nasuwt Members

The average cost of home insurance has increased by 6% since the start of last year, according to moneysupermarket.com, taking the typical premium for buildings and contents cover up from £142 to £151.

Compared with premium inflation for car insurance (up 31% on 2010 levels) the rise seems minimal, however, insurers need to recoup the cost of last year’s freezing winter weather and with severe weather occurrences in the UK becoming a trend, the cost of insuring homes could be steadily on the increase.

According to the price comparison website, another factor hitting policyholders hard is the rise in fraudulent claims, which add around £44 to every premium, data from Legal & General suggests.

Moneysupermarket’s head of home insurance, Julie Owens, comments: “Things look set to get worse with the increase in prices unlikely to slow down in the coming years.”

According to Ms Owens, double digit percentage increases are on the cards.

Tags: Home Insurance, Insurance

Home insurance is now the number one target for insurance fraud, with latest industry data showing that 170 of the 335 fraudulent insurance claims detected each day, on average, are cheating householders.

According to the Association of British Insurers (ABI), typical fraudulent household claims involve “accidental” damage to carpets and furniture due to drink spills, which have been caused deliberately.

However, fraudulent motor claims are the most costly: 108 bogus motor insurance claims, worth £1.12 million, are exposed by Britain’s insurers each day, out of a total of £2.3 million in fraudulent claims.

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Tags: Home Insurance, Target

Gocompare.com is to target the UK home insurance market with a new TV advert featuring fictional opera singer, Gio Compario, played by Wynne Evans.

The campaign, which launches on September 18th, across all UK commercial TV channels, features two archaeological explorers who enter an ancient Egyptian burial chamber.

They then translate hieroglyphics that say “check out your home insurance”, at which point Gio emerges from a sarcophagus.

Recorded in South Africa earlier this year, the advert is part of a series parodying famous films or screen genres.

Since he was first introduced in August 2009, Gio been credited with driving a 44% increase in quote volumes for Gocompare.com.

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Tags: Campaign, Home Insurance