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It’s fair to say that the last 24 months have seen a significant increase in the cost of purchasing Home Insurance and although those increases have slowed down, we are yet to have ‘turned the corner’.
In 2023 alone, home insurance prices rose by an average of 40%, with many customers experiencing prices north of these averages. However, 2024, so far, is shaping up to be a better year for customers, regardless of continued price rises.
Carl Oakes tells us about closing the UK protection gap in this new thought leadership piece. As an adviser, you …
With The Source, our new quote and buy system, alongside Source Home, our new in-house product, we’re doing our best to combat specific obstacles currently standing tall in the financial industry.
We’ve seen patterns that suggest 2024 will continue along the same path, with re-mortgaging the primary source of income for many advisers around the country. Now seems the appropriate time to look at the industry’s current obstacles and the impending trajectory for the rest of the year.