According to a recent report there has been a sharp rise in the level of building insurance related complaints. Turbulent weather has been blamed for the rise in building insurance related complaints, which have risen by a third according to figures relating to the number of complaints made to the Financial Ombudsman Service. Recent bad weather has included the tremendous storms from last summer, a tornado that hit late last year, and also more recent stormy weather. read more »
Home insurance is a very important and valuable form of protective cover, and helps to provide financial protection against damage, loss, or theft of your belongings and damage to your actual home. Home insurance is made up of building and contents insurance cover, although some people such as tenants only need to take out the contents side of the cover because the building cover is normally provided by the landlord. The cost of replacing or repairing your belongings or repairing your building can really mount up, and recent flooding in the UK demonstrated how important this type of cover is when many people with inadequate cover were left to foot the cost of flood damage themselves. read more »
