Home insurance premiums rise 5% in 2017

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The latest AA British Insurance Premium Index has revealed that the average Shoparound quote for a combined buildings and contents policy rose by 1.8% for the fourth quarter of 2017 to £161.80 and, over the year, by 5%.

The AA’s Shoparound index is an average of the five cheapest quotes for each ‘customer’ in a fixed nationwide basket of risks which it said were representative of the insurance-buying public. It uses a mix of price comparison sites, direct and broker quotes.

For home buildings

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