Home insurance premium falls speed up
Average quoted prices for home insurance fell by 4.8% in the three months to September, according to research by Consumer Intelligence.
The drop was bigger than the 3.9% seen in the previous quarter and takes the year-on-year decline to 13.1%.
All regions registered reductions in quoted premiums in the annual and quarterly measures.
We also saw firms reducing premiums in the buildings-only market more substantially than in the contents-only sector changing the previous trend where the contents-only market saw stronger deflation.Laura Vas, senior insight analyst at Consumer Intelligence
The biggest fall in quoted premiums by both
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