We are all fully aware of the rise in living in costs, inflation and how these are impacting our expenditures. Alas, insurance premiums are also affected and you may have seen a rise when you have come to renew. Our Property Market Update will go some way to explain why this is the case. It covers the impact Index-linking, the hard market and an increase in claims and construction costs play in impacting the amount you pay for your insurance.
March 29, 2023