The statistic illustrates the average weekly household expenditure on insurance in the United Kingdom (UK) as of year end 2020. It can be seen that respondents with a household reference person aged 50 to 64 spent an average of 21.6 British pounds per week on insurance services at that time. These insurance services include household insurance, medical, vehicle, moving, bank and other insurance services.
Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person
(in GBP)
The household reference person is defined in the source as the householder who Owns the household accommodation, or Is legally responsible for the rent of the accommodation, or Has the household accommodation as an emolument or perquisite, or Has the household accommodation by virtue of some relationship to the owner who is not a member of the household. If there are joint householders the household reference person is the one with the higher income. If the income is the same, then the eldest householder is taken.
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Office for National Statistics (UK). (March 31, 2021). Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person (in GBP) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/
Office for National Statistics (UK). "Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person (in GBP)." Chart. March 31, 2021. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/
Office for National Statistics (UK). (2021). Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person (in GBP). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/
Office for National Statistics (UK). "Average Weekly Household Expenditure on Insurance in The United Kingdom (Uk) in 2020, by Age of Household Reference Person (in Gbp)." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/
Office for National Statistics (UK), Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person (in GBP) Statista, https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/ (last visited November 04, 2024)
Average weekly household expenditure on insurance in the United Kingdom (UK) in 2020, by age of household reference person (in GBP) [Graph], Office for National Statistics (UK), March 31, 2021. [Online]. Available: https://www.statista.com/statistics/580649/insurance-weekly-expenditure-in-united-kingdom-uk-by-age/
