Home insurance premiums increase
Effect of storms is feeding through into premium costs.
Research by Consumer Intelligence has found that home insurance premium costs have gone up 2.9% in the last six months.
The organisation attributed the rise to the increasing nature and ferocity of the 2019-20 storm season.
The analysis detailed that across the market, average overall premiums sit at £149. Average premiums for the over-50s rose 3.5% in the last 12 months and sit at £139, while average premiums for the under-50s rose at a slower pace of 3.1%. A typical average premium for this
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk