AA: Home insurance premiums remain flat in Q2 but set to rise
The average cost of an annual home insurance policy, both buildings and contents, fell slightly over the second quarter of 2012, according to figures released by the AA.
It said that despite the reduction, with the average cost of a building policy falling by 0.8% and the average cost of a contents policy falling by 0.1%, home insurance prices were flat.
The AA attributed the lack of movement to both the competitive nature of the market, the mild winter and fine weather at the beginning of the year.
However, Simon Douglas, director of AA Insurance, added: “Since then we experienced the wettest June on record and the bad weather has continued into July, resulting
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