This statistic illustrates select home insurance (including building and content) companies with the highest average insurance claim pay-out in the United Kingdom (UK) in 2018 and 2019. Overall, 25 companies selling home insurance in the United Kingdom were studied to see their claims acceptance rates as of 2019, in comparison to 2018. The data presented in this statistic is the average claim payout based on low and high end estimates.
As of 2019, Hiscox Insurance Company Limited had the highest average claim pay-out at approximately 11.2 thousand British pounds per pay-out. This was most probably due to the fact that the company specialty in insurance was directed towards high-end products.
Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019
(in GBP)
A total of 25 UK based insurance companies offering home (building and contents) insurance were looked at for claims frequency, acceptance rate and average claim pay-out. data was aggregated. * Year ending August 31st, 2018 and August 31st, 2019. ** Includes building and contents insurance. Companies with the highest average claims pay-outs as of August 2019 with previous years comparison. *** data for this firm primarily relates to specialist or high worth business.
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Statista estimates. (September 8, 2020). Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019 (in GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/
Statista estimates. "Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019 (in GBP)." Chart. September 8, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/
Statista estimates. (2020). Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019 (in GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/
Statista estimates. "Home Insurance Companies with The Highest Average Claims Pay-out in The United Kingdom (Uk) in 2018 and 2019 (in Gbp)." Statista, Statista Inc., 8 Sep 2020, https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/
Statista estimates, Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019 (in GBP) Statista, https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/ (last visited December 22, 2024)
Home insurance companies with the highest average claims pay-out in the United Kingdom (UK) in 2018 and 2019 (in GBP) [Graph], Statista estimates, September 8, 2020. [Online]. Available: https://www.statista.com/statistics/971269/home-insurance-companies-with-the-highest-average-claims-pay-out-in-the-united-kingdom/
