Home premiums fell in Q1 2015

Average cost of home insurance premiums down by 3.6% as a result of benign weather.

The average premium for a new home insurance policy dropped in the first three months of 2015, according to the latest AA British Insurance Premium Index.

The index shows that the average quote for a combined home buildings and contents insurance policy fell by 3.6% or £6 to £158.66.

In addition, the cost of a buildings policy fell by 3% to £112.74 and the cost of a contents policy dropped 2.3% to £60.28.

Premiums have continuously fallen over the past 12 months, with the average cost of a

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