PaulT Posted January 21, 2011 Share Posted January 21, 2011 When the exchange rate dropped we found it far cheaper to insure our house in the UK.This year the premium has increased by 25%!!!!Now I thought this was a little much so phoned the company. and asked them to justify it.The reasons:+15% to continue cover for subsidence (apparently a lot of French houses are subsiding)+ 5% Indexation - perhaps a little high and why shouldn't insurance companies hike it a bit and not look at ways to improve efficiency and thereby reduce costsThe best is.....+5% currency devaluationNow that is an interesting one as the exchange rate is higher than it was a year ago.Shall start the hunt for cheaper quotations - before anyone posts - for the same cover.Paul Link to comment Share on other sites More sharing options...
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