Modest increase in home insurance premiums
The AA Insurance Premium Index for Q3 2017 shows a small rise but includes warning that costs could increase if bad weather and IPT bite.
Premium costs in the home market have shown a modest rise in the third quarter of 2017 according to the AA British Insurance Premium Index.
The Index learned that the average quote for combined buildings and contents policies went up, but by less than £2 (or 1.2%) to £59.69 over the three month period ending 30 September.
The Shoparound data – based on the five cheapest quotes for each customer in a nationwide ‘basket’ of home policies – also revealed that the rise was driven by an increase in
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