The average cost of a home insurance purchased online through MoneySuperMarket in the UK as of the third quarter 2020 was 146 British pounds higher - only one pound higher than the third quarter of 2019.
When a property is insured, there are a number of risk factors that are taken into account by insurers to calculate what premium should be paid. The main risks to a building include the risks of flooding and damage through storms, fire and subsidence of the land. In terms of the contents of the building, flooding and fire are two of the highest risks alongside burglary.
Median premium paid online for home insurance in the United Kingdom (UK) from the 1st quarter 2013 to 3rd quarter 2020
(in GBP)
The source added the following information "All premium price data is based on the median cheapest on screen price for the given period that customers see when running a quote. Premiums are therefore based on MoneySuperMarket customers only and are representative of the UK average. From October (Q4) 2018 onwards the on screen price also includes add-ons in line with IDD, as such it may not be accurate to compare figures pre and post this date.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
MoneySuperMarket. (November 1, 2020). Median premium paid online for home insurance in the United Kingdom (UK) from the 1st quarter 2013 to 3rd quarter 2020 (in GBP) [Graph]. In Statista. Retrieved July 06, 2022, from https://www.statista.com/statistics/1055708/median-house-insurance-costs-online-in-the-united-kingdom/
MoneySuperMarket. "Median premium paid online for home insurance in the United Kingdom (UK) from the 1st quarter 2013 to 3rd quarter 2020 (in GBP)." Chart. November 1, 2020. Statista. Accessed July 06, 2022. https://www.statista.com/statistics/1055708/median-house-insurance-costs-online-in-the-united-kingdom/
MoneySuperMarket. (2020). Median premium paid online for home insurance in the United Kingdom (UK) from the 1st quarter 2013 to 3rd quarter 2020 (in GBP). Statista. Statista Inc.. Accessed: July 06, 2022. https://www.statista.com/statistics/1055708/median-house-insurance-costs-online-in-the-united-kingdom/
MoneySuperMarket. "Median Premium Paid Online for Home Insurance in The United Kingdom (Uk) from The 1st Quarter 2013 to 3rd Quarter 2020 (in Gbp)." Statista, Statista Inc., 1 Nov 2020, https://www.statista.com/statistics/1055708/median-house-insurance-costs-online-in-the-united-kingdom/
MoneySuperMarket, Median premium paid online for home insurance in the United Kingdom (UK) from the 1st quarter 2013 to 3rd quarter 2020 (in GBP) Statista, https://www.statista.com/statistics/1055708/median-house-insurance-costs-online-in-the-united-kingdom/ (last visited July 06, 2022)