--- title: Mild Winter Fails to Thaw Home Insurance Price Rises date: 2012-02-20T00:00:00+00:00 author: Marc Prior canonical_url: "https://www.assetsure.com/homes/home-insurance/mild-winter-fails-to-thaw-prices/" section: News --- Our Customers Love Us! Home Insurance [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) ### Get a Quote [Get Quote](https://intasure.com/home-insurance/?introducer=59999022) [Home](/) › [Property Insurance](https://www.assetsure.com/homes/) › [Home Insurance](https://www.assetsure.com/homes/home-insurance/) › [Mild Winter Fails to Thaw Home Insurance Price Rises](https://www.assetsure.com/homes/home-insurance/mild-winter-fails-to-thaw-prices/) # Mild Winter Fails to Thaw Home Insurance Price Rises Despite a fall in burst pipe claims due to freezing weather, home insurance premiums continue to climb... Many factors influence home insurance pricing structures and the premiums policyholders eventually end up paying. One factor is the weather. If in previous years there have been many storms and floods or natural disasters around the world, this will have an adverse impact on reinsurance costs. Reinsurance is something that insurance companies have to pay. In effect, they are taking out insurance policies to protect themselves against having many high value claim. In other words, insurance companies are offsetting their risks. If the cost of reinsurance increases the insurance firms will increase the premiums that they charge in customers. The weather in the UK will influence insurance pricing. Very cold winters with lots of snow ice and freezing temperatures across the whole country will have a knock on impact in subsequent years insurance pricing. Most insurance companies will have made some bad weather provision and set money aside in effect to pay weather related claims. However, if the poor weather is exceptionally severe or widespread then insurance companies may have to look to their reinsurers to assist in paying claims. This then may mean reinsurance premiums are increased the following year the costs of which are passed on to the customer. In general, there has not been too much bad weather in insurance terms in 2011. For that reason one would think that home insurance premiums should not be on the rise. However, for more than one reason, insurance premiums are set to increase going forward into 2012. Weather is not the only factor that influences insurance prices. The number and value of claims made by policyholders will influence pricing. Customers making claims may lose their no claims discounts which, (like car insurance are offered as discounts when policyholders are claim free), premiums for home insurance are made up of several elements. One element is the risk factor. In other words, the risk of claims occurring (such as the risk of fire), will be greater in a thatched property than in modern brick built home. Risks such as theft will be greater in an inner city area with higher crime rates. So postcodes are an integral feature of home insurance prices. Likewise, other factors include the age of proposed customer and the building sum insured. The cost to rebuild a property will also be considered as will the value of the items to replace. Once the risk rate has been calculated by the insurance companies the cost of reinsurance, administrative and marketing costs and insurance premium tax is added as the final part of the equation. Of course, the level of cover that is required will impact the final premium. However, the less cover purchased, the chances of being under insured is a risk in itself taken by a proposed customer. If a proposed customer has had many claims of a certain type, (for instance accidental damage), some insurance companies will actually load a premium or apply terms to the policy to mitigate the risk of further claims occurring. We hope this article has helped. ## Latest News & Advice [![Dealing with Woodworm and Dry Rot](/assets/uploads/images/_800x405_crop_center-center_none/assetsure-banner-plain.jpg)](https://www.assetsure.com/homes/home-insurance/woodworm-dry-rot/) ### [Dealing with Woodworm and Dry Rot](https://www.assetsure.com/homes/home-insurance/woodworm-dry-rot/) Woodworm, Dry Rot and Wet Rot. One of the most costly maintenance problems for homeowners is woodworm, dry rot and wet rot. If left untreated it can huge amounts of damage to the interior of your home. There are treatments and remedies to prevent it’s spread and to eliminate the problem it becomes critical. Woodworm is most commonly caused by the furniture beetle which leave larvae boreholes inside the major woodwork elements of a property. These area include the roof timbers, joists, staircase and floorboards. Woodworm can also infest ordinary household furniture causing a home insurance claim problem.... [![Types Door Window Locks](/assets/uploads/images/_800x405_crop_center-center_none/window-lock-news-banner.webp)](https://www.assetsure.com/homes/home-insurance/types-door-window-locks/) ### [Types Door Window Locks](https://www.assetsure.com/homes/home-insurance/types-door-window-locks/) Types of Door and Window Locks – when purchasing a home insurance policy, you may find that your insurance company want you to have certain security measures in force at your property. These should be studied most carefully as without the correct protection being in force, you may find your cover compromised in the event of a claim. For most people, this involves having good quality door and window locks. Good physical security at your property, will be of a far greater benefit in deterring Theft than having an alarm fitted, but not being a lock expert, have do you discover if you have the correct locks fitted at your home?... [![Subsidence Structural Problems](/assets/uploads/images/_800x405_crop_center-center_none/assetsure-banner-plain.jpg)](https://www.assetsure.com/homes/home-insurance/subsidence-structural-problems/) ### [Subsidence Structural Problems](https://www.assetsure.com/homes/home-insurance/subsidence-structural-problems/) Preventing or Dealing with Subsidence and Structural Problems.Whilst subsidence is usually covered by a building insurance policy, it is definitely something that you do not want to happen at your property if at all possible. Claims for subsidence can be on the large side ( hence the reason for the standard policy excess being £1000) and even if the building is repaired by the insurance company, you may find that’s in the future, insurance is harder to source ( and possibly more expensive) and the market value of the property and it’s marketability may also diminish... [More News](https://assetsure.com/news) ## Why choose our specialist insurance cover? ### Home Insurance from Assetsure Our Home Insurance can provide cover for your Buildings, Contents and Personal Effects. Monthly payments available ### Legal Assistance as Standard All our policies include Legal assistance as standard up to £50,000 This offer Legal protection for problems relating to employment, contracts, property and personal injury etc. ### Home Emergency as Standard All our policies cover Home Emergency as standard up to £500. this offers protection against unexpected events such as the failure of your main heating system, blockage of drains or failure of your domestic gas or electricity supply ### £1,000,000 Cover for Buildings We automatically provide you with £1,000,000 cover for rebuilding cost of your property, ideal if you are unsure of your re-building cost. ### Excellent service offered We like to offer all our customers a first class service, which is backed up by our Trust pilot ratings. We are open 6 days a week to assist you with your enquiries. ### Instant cover and policies Most of our policies you can now buy online and receive instant documentation. Of course, you are more than welcome to call us and we can provide your cover over the phone [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) [ View All ](https://uk.trustpilot.com/review/assetsure.com)[ Get Quote ](#quickQuote) [Most Popular](#tabs__tabmost-popular)[Jewellery](#tabs__tabjewellery)[Leisure](#tabs__tableisure)[Collectables](#tabs__tabcollectables)[Events](#tabs__tabevents)[Hearing Aids](#tabs__tabhearing-aids)[Property](#tabs__tabhomes) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### Collectable Insurance ![Collectable Insurance](/assets/uploads/images/_tabLinkThumbnail/collectables-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/other/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Insurance for Jewellery Collections ![Insurance for Jewellery Collections](/assets/uploads/images/_tabLinkThumbnail/jewellery-collection-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/insurance-for-jewellery-collections/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Wedding Ring Insurance ![Wedding Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/wedding-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/wedding-ring-insurance/) [#### Diamond Ring Insurance ![Diamond Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/diamond-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/diamond-ring-insurance/) [#### Earrings Insurance ![Earrings Insurance](/assets/uploads/images/_tabLinkThumbnail/Earing-emerald-shutterstock_1156023577-mid.jpg)Get an instant quote](https://www.assetsure.com/jewellery/earrings-insurance/) [#### Standalone Jewellery Insurance ![Standalone Jewellery Insurance](/assets/uploads/images/_tabLinkThumbnail/Standalone-Jewellery_-Shutterstock_2493208421.jpg)Get an instant quote](https://www.assetsure.com/jewellery/jewellery-insurance/) [#### Ring Insurance ![Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/ring-insurance/) [#### Rolex Watch Insurance ![Rolex Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/rolex-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/rolex-insurance/) [#### Single Item Insurance ![Single Item Insurance](/assets/uploads/images/_tabLinkThumbnail/single-item-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/single-item-insurance/) [#### Safe Deposit Box Insurance ![Safe Deposit Box Insurance](/assets/uploads/images/_tabLinkThumbnail/safe-box-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/safe-deposit-box-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Musical Instrument Insurance ![Musical Instrument Insurance](/assets/uploads/images/_tabLinkThumbnail/Guitar-thumb.webp)Get an instant quote](https://www.assetsure.com/leisure/musical-instrument-insurance/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Antique Insurance ![Antique Insurance](/assets/uploads/images/_tabLinkThumbnail/Antiques-thumb.webp)Get an instant quote](https://www.assetsure.com/collectables/antique-insurance/) [#### Coin Insurance ![Coin Insurance](/assets/uploads/images/_tabLinkThumbnail/coins-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/coin-collections/) [#### Fine Art Insurance ![Fine Art Insurance](/assets/uploads/images/_tabLinkThumbnail/fine-art-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/fine-art-insurance/) [#### Handbag Insurance ![Handbag Insurance](/assets/uploads/images/_tabLinkThumbnail/handbag-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/handbag-insurance/) [#### Militaria & Military Collectables Insurance ![Militaria & Military Collectables Insurance](/assets/uploads/images/_tabLinkThumbnail/military-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/militaria-insurance/) [#### Stamp Insurance ![Stamp Insurance](/assets/uploads/images/_tabLinkThumbnail/stamps-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/stamp-collections/) [#### Wine Insurance ![Wine Insurance](/assets/uploads/images/_tabLinkThumbnail/wine-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/wine-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Hearing Aid Insurance ![Hearing Aid Insurance](/assets/uploads/images/_tabLinkThumbnail/hearing-aid-feature.webp)Get an instant quote](https://www.assetsure.com/hearing-aids/hearing-aid-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### High Net Worth Home Insurance ![High Net Worth Home Insurance](/assets/uploads/images/_tabLinkThumbnail/High-net-worth-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/high-net-worth-home-insurance/) [#### Listed Buildings Insurance ![Listed Buildings Insurance](/assets/uploads/images/_tabLinkThumbnail/Listed-building-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/listed-buildings-insurance/) [#### Holiday Home Insurance ![Holiday Home Insurance](/assets/uploads/images/_tabLinkThumbnail/Holiday-home-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/holiday-home-cover/) [#### Buy To Let Insurance ![Buy To Let Insurance](/assets/uploads/images/_tabLinkThumbnail/Buy-to-let-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/buy-to-let-insurance/) [ All Insurances](https://www.assetsure.com/insurance/)