This statistic illustrates how households decided on their home insurance provider in the United Kingdom (UK) as of 2015, for both all households and those households at risk of flooding. It can be seen that 32 percent of at risk households stated that they chose their current provider because they had used the company before.
Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with?
* According to the source: 'Note that for this report ‘households’ includes owner occupiers (freeholders and leaseholders) social housing and privately rented tenants.' **At risk households are defined as those addresses that have a medium or high risk of flooding.
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Defra. (November 26, 2015). Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with? [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/
Defra. "Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with?." Chart. November 26, 2015. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/
Defra. (2015). Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with?. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/
Defra. "Thinking about When You Most Recently Changed, Renewed or Took out Home Insurance, How Did You Choose Which Company to Insure With?." Statista, Statista Inc., 26 Nov 2015, https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/
Defra, Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with? Statista, https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/ (last visited December 22, 2024)
Thinking about when you most recently changed, renewed or took out home insurance, how did you choose which company to insure with? [Graph], Defra, November 26, 2015. [Online]. Available: https://www.statista.com/statistics/611133/how-households-chose-home-insurer-by-flood-risk-united-kingdom-uk/
