Household spending on insurance in the United Kingdom reached its peak in 2014 and has since fallen by approximately seven billion British pounds. In 2022, household expenditure on insurance reached 18.8 billion British pounds compared with 25.4 billion British pounds in 2014.
Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022
(in million GBP)
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Office for National Statistics (UK). (June 30, 2023). Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022 (in million GBP) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022 (in million GBP)." Chart. June 30, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). (2023). Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022 (in million GBP). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Household Expenditure on All Lines of Insurance in The United Kingdom from 1997 to 2022 (in Million Gbp)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK), Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022 (in million GBP) Statista, https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/ (last visited December 30, 2024)
Household expenditure on all lines of insurance in the United Kingdom from 1997 to 2022 (in million GBP) [Graph], Office for National Statistics (UK), June 30, 2023. [Online]. Available: https://www.statista.com/statistics/533148/consumer-spending-on-insurance-in-the-united-kingdom-uk/
