We've analysed prices from our home insurance customers to show you how average home insurance prices vary by region, size, and neighbourhood.
How are home insurance premiums calculated?
Home insurance prices vary across the UK for factors like how safe the area is, the type of property you live in and the number of claims in your area.
There are also some factors that are outside of your control like insurance fraud, taxes and government initiatives.
Find out more about what affects your home insurance price.
Average prices for annual home insurance cover
Home insurance cover explained
Buildings insurance
Protects damage to your property from fire and bad weather.
Contents insurance
Protects damage, theft or loss of your possessions inside your property.
Combined
Cover for both your buildings and contents on one policy.
Find out more about how to buy home insurance.
Average price by region
The UK average annual premium cost for home insurance in January was £146.52.
Across the UK, homeowners in Wales get the best value premiums, paying 6.7% less than the UK average with annual costs of £153.56.
Premiums were highest in London with costs of £192.94, a 25.6% increase on the UK average.
Wales
£144
Scotland
£147
Northern Ireland
£226
England
£154
Full list of regions and average prices
Greater London£192.94 |
|---|
South East£165.08 |
East Anglia£142.75 |
South West£140.08 |
West Midlands£141.57 |
East Midlands£146.40 |
Yorkshire£147.70 |
North West £147.56£147.46 |
Northern Endland
|
Average premium by property
Explanation of house and property types
More about home insurance
What does home insurance cover?
Step inside our interactive home to see what each tier of our Home Insurance covers.
See what’s covered
Add a home to your existing account
It's quick and easy to add a home to your existing cover with MyAccount.
Learn howMethodology
Figures are shown as averages based on all cover levels combined new business sales from March 2023. Prices exclude ancillaries.