
Upward premium trend continues, says AA
Over the past quarter, average quoted premiums for home buildings insurance rose by 1.4% (to an average of £218.60 for an annual policy). This follows a rise of 3.0% over the previous quarter; the largest single increase since the Index began in 1994. Home contents premiums rose by just 0.4% to £150.57. These rises reflect the £750m domestic property claims following last summer’s floods.
Car insurance premiums also rose – comprehensive by 2.4% and third-party, fire and theft (TPFT) cover by 1.4
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 [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Personal
Most read
- Action group vows to pursue broker Pound Gates after BI policies fail to pay out
- Gallagher acquires Erimus Group
- Football clubs step up BI court case against insurers
- Rishi Sunak flags speedy reform for Solvency II rules
- PIB buys beauty specialist Balens
- Drop in insurance complaints at FOS
- Erimus lifts lid on Gallagher deal