News

297 items found, showing page 1 of 25

broken window

Accidental damage claims spike following lockdowns

Quote data reveals an increase in the proportion of policyholders with an accidental damage claim

GoCompare Logo

1 in 5 UK adults don’t read the policy documents relating to their home and car insurance

  • A similar amount admit to only ‘sometimes’ checking their home or car policy details
  • Of those who don’t check their documents, 17% say they don’t care about the details, just about the price
  • A further 24% say the documents are too long
haunted house

Haunted houses: Does your insurance cover a ghoul-ish guest?

  • What householders can do if things go bump in the night (or the daytime come to that).
  • GoCompare insurance has some tips to ensure your insurance claim isn’t a horror story
Health insurance - woman jogging

People buying health insurance in the UK are getting younger, says GoCompare

The average age of a policy holder is down by 20% in the past year

wassim-chouak-jtBmB4dB jU-unsplash (1)

The cost of getting on the road has dropped by a fifth for young drivers

The overall cost of getting on the road has dropped from £6,846 in 2019 to £5,703 in 2021

Row of houses

Two thirds of adults admit to letting their home insurance renew automatically

  • More than a quarter do so without finding other quotes
  • The main reason people let their policy roll is loyalty to their current provider
  • 22% claim their insurer has always looked after them and 18% assume value for money based on last year’s quote
Traffic

Almost a fifth of UK drivers admit to letting their car insurance policy renew automatically

  • One in 10 of those who renew worry they’ll lose their no claims bonus if they switch
  • 15% say finding a quote is too much hassle, even to save money in the long run
  • A third of those who do shop around found their renewal price had gone up
Energy Prices

Shell Energy joins other utility providers in increasing prices

…and two-year fixed tariffs jump above Ofgem price cap

Row of houses

GoCompare and Pikl help to bridge home insurance gap with cover for AirBnB hosts and short-term lets

Comparison site now asks home insurance customers about “hosting” to ensure homeowners have the right cover in place

Gas

British Gas announce price increases

Third large provider to announce a 12.23% increase in energy prices

Traffic

14% of UK adults do not understand how insurance policy excesses work

A fifth say they don’t understand the difference between voluntary and compulsory excess