After sharp rises, UK home insurance premiums have shown signs of easing, though the picture varies sharply by region and by the risks attached to a property.
What happened
Average home premiums, having climbed on claims inflation and weather losses, have begun to soften as reinsurance and claims costs stabilise. The movement is uneven: flood and subsidence risk areas continue to see pressure. Our analysis of why home premiums are moving covers the drivers.
What this means for you
Shop around at renewal and review your excess and sums insured, because a falling average does not guarantee your own price falls. Our explainer on premiums, excesses and limits covers the levers you control.
Sources: ABI and FCA market data; related analysis on this site. Verify current figures before relying on this briefing.