Home Insurance – State of the market

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I’ve just had my renewal notice for my home and contents insurance.
It’s an increase of 16.5%, which if repeated annually would be a doubling in less than 5 years!

Before I start the tedious process of getting quotes are there any market conditions currently (cost of building materials, increased crime etc.) that would in any way justify such a large increase?

For the cynics amongst you, yes, last year was my first year with the provider..

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