News

Household premiums fall 6% year-on-year despite 2022’s extreme weather costs

By Jon Guy 2023-02-15T15:20:00

home insurance (5)

The average price paid for combined buildings and contents insurance was £300 last year

The ABI believes the insurance industry is continuing to support its clients through tough economic times as household insurance premiums have fallen to their lowest level in over a decade - despite the costs of extreme weather events last year.

Read more…

Explore more news articles here, or read up on products here.

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.