In the period between August 2020 and August 2021, all regions in Great Britain saw home insurance premiums costs fall. In Yorkshire & Humber the premium decrease was the greatest at -7.9 percent, while Wales saw the smallest decrease at -3.2 percent.
Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region
The source adds the following information: "For each risk common to consecutive months, the variation is calculated from the average of the Top 5 cheapest premiums returned across the PCWs and key directs in the previous month to the average of the Top 5 in the current month (regardless of which brands provided these quotes)."
The Overall Market Top 5 monthly variation is calculated by averaging across all these risk level Top 5 variations for common risks run in both months.
The monthly figures are concatenated up to produce the trended price index from a starting point of 100% in the base month.
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Consumer Intelligence Research Partners. (September 6, 2020). Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/
Consumer Intelligence Research Partners. "Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region." Chart. September 6, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/
Consumer Intelligence Research Partners. (2020). Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/
Consumer Intelligence Research Partners. "Annual Change in Home Insurance Premiums in Great Britain (Gb) as of August 2021, by Region." Statista, Statista Inc., 6 Sep 2020, https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/
Consumer Intelligence Research Partners, Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region Statista, https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/ (last visited November 21, 2024)
Annual change in home insurance premiums in Great Britain (GB) as of August 2021, by region [Graph], Consumer Intelligence Research Partners, September 6, 2020. [Online]. Available: https://www.statista.com/statistics/1170506/motor-insurance-premium-annual-increase-great-britain-by-region/
