Home insurance inflation has risen to an average of 17.9 per cent in the UK, in stark contrast to neighbouring European nations.
The research compiled by the House of Commons Library on behalf of the SNP, analysed the increase from January 2022 to May 2023, while inflation rates in France and Germany averaged 2.8 per cent and 2.6 per cent respectively.
The analysis comes after separate research by the party, published earlier this summer, showed car insurance has ‘skyrocketed’ in the last two years.
To help people navigate the potentially costly renewal process, insurance expert Cliff Ward, at Pikl Insurance, has compiled a list of 11 practical tips to keep your costs down, without compromising on the level of cover.
Read more on dailyrecord.co.uk
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