Wednesday, 27 April 2011

Homeowners in Dorking face biggest rise in insurance premiums | Money | guardian.co.uk

Homeowners in Dorking face biggest rise in insurance premiums | Money | guardian.co.uk

What have the residents of Dorking done wrong? In the past 14 months, they have suffered the biggest increase in the cost of home insurance premiums of any town in the UK, up by an average of 46% from £119 to £174.

Product comparison site moneysupermarket.com, which has analysed 3.4million building and contents insurance quotations, said the most likely factors causing this include the cost of repairs from extreme weather damage, an increase in crime levels and heightened cases of fraudulent claims.

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