MoneySuperMarket data shows the average cost of home insurance across the country

London and Guernsey are the most expensive postcodes for insuring a home in the UK, according to MoneySuperMarket.

Meanwhile Durham is the cheapest place to buy home insurance.

This is based on analysis of millions of home insurance quotes run on the aggregator site in the last year. It revealed the average price of combined buildings and contents cover in the UK during the first three months of 2019 was £138.

It found those living in Durham pay just £117 on average, while residents in north west London pay on average £251 per year – 114% more.

London postcodes dominate the most expensive areas for home insurance, taking the top 13 spots. Outside the capital, the most expensive place is Guernsey, with residents paying an average of £183 to insure their homes on the island. Hertfordshire towns Watford (£182) and St Albans (£174) are also among the costliest postcodes outside London.

Rachel Wait, consumer affairs spokesperson at MoneySuperMarket, said: “Home insurance prices have been on the rise for a couple of years now, with those in London facing the highest premiums, possibly due to higher burglary rates in urban areas.

“Meanwhile, extreme weather causing flooding and subsidence can impact insurance costs in places like Guernsey and the Shetlands.

“With higher prices and some insurance providers reserving their best offers for new customers, it’s worthwhile shopping around when renewing. This allows you to compare prices and get the best deal possible.”



10 most expensive places for home insurance
LocationAverage annual home insurance premium

North West London (NW)


Central and West London (W)


South West London (SW)


City of London (EC)


North London (N)


Harrow (HA)


Ilford and Barking (IG)


East London (E)


South East London (SE)


Kingston-upon-Thames (KT)



10 cheapest places for home insurance
LocationAverage yearly home insurance premium

Durham (DH)


Newcastle (NE)


Sunderland (SR)


Stoke-on-Trent (ST)


Darlington (DL)


Dundee (DD)


Norwich (NR)


Plymouth (PL)


Galashiels (TD)


Teesside (TS)



10 most expensive places for home insurance outside of London
LocationAverage annual home insurance premium

Guernsey (GY)


Watford (WD)


St Albans (AL)


Shetland Islands (ZE)


Jersey (JE)


Southend-on-Sea (SS)


Belfast (BT)


Hemel Hempstead (HP)


Hull (HU)


Guildford (GU)