Category Archives: Insurance

Home is where the business is

More than eight out of 10 (84%) of the UK’s smallest businesses now use their home as a place of work, according to new research from Lloyds Bank Insurance.

The latest Big Issues for Small Businesses report from the insurer found that 53% of all microbusinesses were started from home and half of the top 10 working locations identified are within the home – including the living room, dining room and kitchen. Continue reading

Insurers should be upfront about last year’s premiums

Which? HAS launched a new campaign calling on insurance companies to show last year’s premium alongside renewal quotes, as people tell us it would prompt them to look for a better deal.

New Which? research finds that the majority of consumers support having their previous premium on their renewal quote, with nearly nine in ten (85%) saying it would be useful. Continue reading

Merry Christmas and Happy New Year to all our readers

Thanks to you, Propertytalk Live! has enjoyed another hugely successful year and seen exceptional growth in the number of people visiting the site.

And that’s not all – the number following us on Twitter alone has soared past 21,000 which we think is phenomenal. Continue reading

Winter-proof your home to weather the storms

As the Met Office issues a severe weather warning for strong winds, freezing temperatures and snow across many parts of the UK this week, Halifax Home Insurance offers some timely advice to help homeowners avoid the misery of burst pipes and windstorm damage.

Last year, Halifax Home Insurance handled 26,874 windstorm damage claims, which cost more than £15.5 million in total to put right. The insurer also registered 21,739 claims for burst and frozen pipes, costing an average of £1,779 per incident to fix. Continue reading

UK economy hit by £600m flooding costs

One year on from some of the worst flooding in 2012, latest research by the Environment Agency reveals that last year’s record-breaking wet year in England could have cost the UK economy close to £600million.

The overall financial cost to businesses of the extreme weather was up to £200million as total commercial property and contents damage totalled up to £84million, and further indirect impacts – such as staff working days lost – hit companies and local economies for up to £33million. Continue reading

Keys conundrum leaves home owners vulnerable

More than half of UK homebuyers (58%) did not change the locks when they purchased their property – meaning that they could not say for certain who has access to their home, according to research from Ocean Finance.

Ocean Finance’s research reveals that just one in three (30%) of us changed the locks on all exterior doors when we bought our property. A further 12% changed the locks on some of the exterior doors. Continue reading

Hit a wicket not a window during the Ashes

With the nation gripped by Murray mania and the Ashes fast approaching, insurer Aviva is warning homeowners to watch out for their windows, TVs and ornaments as data shows that accidents around the home soar during the historic test series.

Ten years’ worth of data from Aviva shows that, generally, accidents in and around the home begin to rise during the summer months until their peak during the August bank holiday when they are just under 10% higher than normal –  but bring on the Ashes and claims soar. Continue reading