Home insurance nudges down in first quarter 2018

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Average premium for a buildings policy same as beginning of 2011.

Average quotes for home buildings, contents and combined policies all fell over the first quarter of 2018 but remain higher than a year ago, the AA’s British Insurance Premium Index has calculated.

According to the index, the average quote for a combined buildings and contents policy increased by 4.8% to £161.75 over the last year. This was despite a 0.3% fall in the first quarter of 2018.

The statistics showed that standalone buildings policies increased over 12 months by 5.1% to £117.47 even

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