Consumers hit by home insurance costs hike

CASH-STRAPPED consumers are facing another financial hit to their pocket with news that the cost of home insurance has risen by an average of 6% since April.

Wed, 17 Aug, 2011 - 01:00

Sean McCarthaigh

A survey by AA Ireland reveals that the average price of a home insurance policy has increased by €28 to €494 per annum.

It also means that home insurance costs are soaring well above the general rate of inflation which stood at 2.7% in July.

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Courts Place: Dublin Person: John Farrell Person: Farrell Organisation: AA Ireland Organisation: AA Ireland Insurance Organisation: Irish Insurance Federation Organisation: IIF

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