Living In High Risk Areas

Whilst there are many things that you can do to reduce the cost of your overall home insurance policy there are still many things that are out of your control. Perhaps the most obvious and fundamental of these is the location of your property.

Simply living in a certain area will add pounds onto your policy and whilst you may be able to reduce the costs to a certain extent, there isn’t that much you can do about it. Extreme weather has become an issue for the insurance industry in the wake of the 2007 summer floods. The industry was forced to pay for billions of pounds of damage and refused to insure certain homes in high risk areas.Read More