Approximately half of UK insurance customers were likely to cut their spending on insurance in 2022. Based on the survey conducted among adult insurance owners, the share of respondents who would very likely to cut spending on insurance due to higher cost of living was 16 percent and a further 31 percent said that they were somewhat likely to do so.
Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022
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Guidewire Software. (July 1, 2022). Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/
Guidewire Software. "Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022." Chart. July 1, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/
Guidewire Software. (2022). Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/
Guidewire Software. "Share of Insurance Customers Who Would Cut Their Spending on Insurance Due to Inflation in The United Kingdom in 2022." Statista, Statista Inc., 1 Jul 2022, https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/
Guidewire Software, Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022 Statista, https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/ (last visited December 23, 2024)
Share of insurance customers who would cut their spending on insurance due to inflation in the United Kingdom in 2022 [Graph], Guidewire Software, July 1, 2022. [Online]. Available: https://www.statista.com/statistics/1333564/insurance-spending-cut-due-to-inflation-uk/
