Cashback on Home Insurance – HSBC

On five year fixed home insurance policies £50.00 cash back is available on commencements – HSBC has announced.

This product is not only available for new customers but existing ones too! They have taken this move in light of the recent floods seen across Britain.

Head of Insurance for HSBC, Dennis Smith stated “the vast majority of home owners favour the stability of a fixed rate mortgage, and we believe that customers would appreciate the stability of home and buildings premiums that are frozen for five years as well”.

He also added that this package would appeal to first time buyers looking to fix costs, as well as people living in flood risk areas.

Home insurance applications rose by 300% following this summers flooding according to moneysupermarket.com.